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Financial Planners

Financial Adviser Banned after Using Investors Money for Personal Gain

Adam Sanders    Bank Victims  19 November 2013   

The Australian Securities and Investment Commission (ASIC) has accepted an enforceable undertaking (EU) from Sydney financial adviser Gabriel Nakhl SydFA Pty Limited, which permanently prevents him from providing financial services after he used clients' cash on his sports car and motorbike business.

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