ASIC Moves its Focus Over to Product Providers
Should We Pay?

ASIC Cracks Down on Unlicensed Adviser

ASIC has issued a warning to consumers to avoid Shaun Morgan - an individual offering unlicensed services including financial planning.

Morgan was named and shamed (as well as all his businesses/websites) in an attempt to stop further consumers from using his services in Australia. Mr Morgan was imprisoned in the US after pleading guilty to fraud charges relating to the provision of financial services. 

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