Australia Imposes 10-Year Ban on Financial Advisor After Crypto Fraud

Glenda Maree Rogan, a former financial advisor and accountant, has been banned from providing any financial services in Australia for a decade after allegedly defrauding her clients of over $9.6 million through a cryptocurrency scam. The Australian Securities and Investments Commission (ASIC) claims that Rogan misled clients about high-yield fixed-interest investments before transferring their funds into her own accounts, ultimately converting the majority to cryptocurrency via an unlicensed platform called Financial Centre. 🇦🇺