Trowbridge Report: Advice Failures
Love and Money

ANZ Adviser Jailed for Fraud in Australia

Melinda Scott, a former ANZ-aligned Millenium 3 financial adviser was sentenced to six years and three months in prison with a non-parole period of three years and 10 months yesterday after pleading guilty to three charges of dishonest conduct and four charges of "making and use of false documents".

“Ms Scott’s misconduct continued over 20 years and largely involved superannuation and annuities products that were invested for the longer term,” said a statement from ASIC following the court decision today.

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