Ex-broker pleads guilty, fined for fraud

Ex-broker pleads guilty, fined for fraud
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A former finance broker at a used car dealership has been fined after pleading guilty to four charges of obtaining a financial advantage by deception.
Former Victoria-based finance broker Vaughn Thomas Hopkins appeared at the Dandenong Magistrates’ Court and pleaded guilty to the charges, which were contrary to section 82 (1) of the Crimes Act 1958 (Victoria).
The charges have followed an investigation by the Australian Securities and Investments Commission (ASIC) into Mr Hopkins’ conduct between 2014 and 2015 while he was a finance broker at Combined Motor Traders, a Cranbourne used car dealership.

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