'Fake' insurance broker guilty of fraud

December 16th, 2022

A man has been convicted of fraud offences after the Australian Securities and Investments Commission (ASIC) alleged he “dishonestly” represented himself as an insurance broker and sold “invalid” insurance policies. Samuel Tessa, 55, of Elwood, Victoria, was found guilty of five counts of obtaining property by deception and two counts of obtaining financial advantage by deception, following a trial at Victorian County Court, an ASIC statement says.

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