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ASIC bans Forex Capital Trading director for ten years and former employees for three to six years from providing financial services - Vimarsana News

ASIC bans Forex Capital Trading director for ten years and former employees for three to six years from providing financial services

Date Time Share ASIC bans Forex Capital Trading director for ten years and former employees for three to six years from providing financial services ASIC has banned the sole director and four former employees of retail over-the-counter (OTC) derivative issuer, Forex Capital Trading Pty Ltd (Forex CT), from providing financial services for periods ranging from three to ten years. Forex CT employed account managers who encouraged clients to trade in high-risk contracts-for-difference (CFDs) and margin foreign exchange contracts (FX Contracts) products issued by Forex CT. Forex CT chief executi...

Forex CT director gets 10-year ban | Money Management - Vimarsana News

Forex CT director gets 10-year ban | Money Management

ASIC found Yoshai was involved in Forex CT’s trading floor culture, an environment that had been likened by former account managers to ‘The Wolf of Wall Street’, where a bell or a gong was rung when clients deposited funds of certain amounts into their trading accounts and account managers could participate in incentive ‘games’ such as ‘wheel of fortune’, roulette tables and dice games to win cash if certain client deposit targets were met. Yoshai put pressure on account managers to implement high pressure sales tactics when engaging with clients, offer incentives to clients to ...

Man allegedly raped woman while she was sleeping - Vimarsana News

Man allegedly raped woman while she was sleeping

Man allegedly raped woman while she was sleeping A woman allegedly woke up to a sick act and the accused rapist has faced court. Crime by Frances Vinall A woman allegedly woke up to someone performing oral sex on her . Benjamin Esler, 37, is charged with rape over the alleged offence on April 13, 2019. At a committal hearing in the Melbourne Magistrates Court on Wednesday, his lawyer Amelia Beech said he argued the oral sex was consensual and he "ardently denies putting his penis inside her vagina". The alleged victim had recently moved to Melbourn...