Business
ASIC permanently bans broker – Australian Broker
Decision comes after he knowingly gave false letter to client stating they had been approved for a home loan
ASIC has permanently banned a Brisbane-based finance broker from engaging in future credit activity following his fraudulent behaviour regarding a mortgage customer.
Following its investigation, ASIC found Jeffry Leonard Gordon had knowingly or recklessly provided a false letter to a client stating that they had been formally approved for a home loan with St. George when, at the time, no such application had even been lodged with said bank on the client’s behalf.
ASIC commenced its investigat…
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