Robert Evett and EC Audit face criminal charges for quality of work

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EC Audit faced three charges of failing conduct audits in accordance with standards, while Evett faced three charges of failing to check if EC Audit’s work was up to code. EC Audit now faces as much as $143,000 in fines, while Evett faces up to $29,000 in penalties.
The sentencing hearing will be heard on August 10 at Sydney’s Downing Centre.
Investors were unclear about who owned what because money was pooled together rather than used to make individual trades.
A user-friendly system helped attract investors with cricketer Mark Taylor promoting the platform at its peak.
The online broking was put into liquidation in March 2019, four months after being placed into administration.

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