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Craig Gore, one of the country’s most colourful businessmen, has pleaded guilty to a second set of charges after losing his bid to appeal his fraud conviction earlier this year. ....
Gore was initially arrested on 14 April, 2017, and charged with 12 counts of fraud relating to funds obtained from investors during 2013 and 2014. The Australian Securities and Investments Commission (ASIC) alleged Gore obtained funds from SMSF investors through his role at Arion Financial by representing the investors could invest in debentures, with various promises that included a guaranteed high returns and that the funds could be returned after a short-term period of investment. Gore was facing three further charges of acting in the management of three corporations (MOGS Pty Ltd, Sleipner Financial Pty Ltd and Arion) whilst disqualified from doing so. These charges did not form part of the fraud trial and would return to the Queensland Magistrates Court for mention on 20 August, 2021, following delivery of the appeal judgement. ....
SMSF fraudster's appeal dismissed ifa.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifa.com.au Daily Mail and Mail on Sunday newspapers.
Business by Alexandria Utting Premium Content Subscriber only DISGRACED ex-rich lister Craig Gore will today face Queensland s highest court to argue his investment fraud conviction should be overturned. Gore was in 2020 found guilty of using self-managed money from super fund investors to pay company debts and rent on his Queensland home. He faced a judge-alone trial in the Brisbane District Court over 12 counts of fraud, totalling about $350,000, which is alleged to have occurred between 2013-14 at Southport. The son of Sanctuary Cove developer Mike Gore was found guilty of six counts of fraud for the benefit of the companies Arion Financial and Arion Group through the high-interest debentures scheme. He was sentenced to five years jail. ....
Former Coast rich lister's bid to get out of jail byronnews.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from byronnews.com.au Daily Mail and Mail on Sunday newspapers.