Financial Advisor Banished for Decade After Crypto Fraud

Australian financial advisor Glenda Rogan has been banned from providing financial services for ten years after orchestrating a cryptocurrency scam that led to significant losses for clients and associates. The Australian Securities and Investments Commission (ASIC) issued the ban, citing Rogan’s involvement in diverting at least $14.8 million in funds between March 2022 and June 2023.