On 10 July 2019, ASIC’s case against James Gibbs came to a close and he was sentenced to 10 years imprisonment, with a non-parole period of seven years to serve.
James Gibbs stole $4.88 million from his clients when he was acting as their financial adviser. His clients trusted him with their savings, with their money to be used for their retirements, and he devastatingly broke that trust by using that money for his own purposes.
In this episode, we hear from Dallas, one of Mr Gibbs' victims who helped build ASIC's case, as well as ASIC investigator, Chris Rowe.
Read ASIC media release's for more information: 19-179MR Former Adelaide financial adviser sentenced to 10 years imprisonment
Episode 24: Paul Muthaura, Chief Executive of the Capital Markets Authority in Kenya
Episode 23: Stories from the market integrity beat
Episode 22: Financial advice: Review of how large institutions oversee their advisers
Episode 21: ASIC's First Business App
Episode 20: Mark Adams on ASIC's RegTech Roundtable
Episode 19: Commissioner Cathie Armour on Hochtief AG insider trading matter
Episode 18: Whistleblowers
Episode 17: ASIC's Workplace Giving Program
ASIC View Episode 16: Fees for no service report
ASIC View Episode 15: Macquarie, van Eyk and responsible entities
ASIC View Episode 14: Add-on insurance report
ASIC View Episode 13: Review of Australian equity market cleanliness
ASIC View Episode 12: Due diligence practices for Initial Public Offerings
ASIC View Episode 11: ASIC's Innovation Hub
ASIC View Episode 10: ASIC's Indigenous Outreach Program
ASIC View Episode 9: Deputy Chair Peter Kell on investment scams
ASIC View Episode 8: Commissioner Cathie Armour on ASIC's insider trading work
ASIC View Episode 7: ASIC Forum robo-advice session
ASIC View Episode 6 - Commissioner Greg Tanzer on ASIC's latest enforcement report
ASIC View Episode 5: Limited AFS licences for accountants providing SMSF advice
Create your
podcast in
minutes
It is Free
City Manager Unfiltered
Potencial Americano
The Chris Plante Show
Red Eye Radio
Strict Scrutiny