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ASIC accuses Mayfair’s Mawhinney of fundraising contempt – The Australian Financial Review

The investment promoter has previously maintained he had legal advice to ensure his activities were compliant.

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Mr Mawhinney was then banned in April this year from raising funds through financial products for 20 years. He has flagged appealing the ruling.
Justice Stewart Anderson, in levelling the banning order, said Mr Mawhinney had to be stopped to protect the…

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