ASIC alleged in court that Ferras Merhi, the adviser considered a central figure into the investigation of the failed Shield and First Guardian master funds, received loans that exceeded the purchase price of one of his firms. The hearing comes as ASIC hands out further advice bans related to the collapse of the funds.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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