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Date Time Former Sydney financial adviser pleads guilty to theft and director duties offences Keith James Flowers, formerly known as Nigel Flowers, of Bathurst, New South Wales, has appeared before Downing Street District Court Sydney and pleaded guilty to one charge of acting dishonestly as a company director and one charge of theft. Mr Flowers was the director of Flowers Financial Group Pty Ltd (in liquidation) and Flowers Financial Management Pty Ltd (in liquidation), which specialised in providing financial advice to the medical profession. During 2011, Mr Flowers was a registered financial adviser and engaged in a scheme to raise money to fund a proposed IPO by Avior Australia Ltd (Avior). The scheme raised approximately $1.48 million. ....
Print The former director of FLowers Financial Group which specialised in providing financial advice services to the medical profession, Keith John Flowers (formerly known as Nigel Flowers) has pleaded guilty to one charge of acting dishonestly as a company director and one charge of theft and faces sentencing in the New Year. The Australian Securities and Investments Commission (ASIC) has issued a statement announcing that Flowers was the director of Flowers Financial Group Pty Ltd (in liquidation) and Flowers Financial Management Pty Ltd (in liquidation), which specialised in providing financial advice to the medical profession. It said that during 2011, Flowers was a registered financial adviser and engaged in a scheme to raise money to fund a proposed initial public offering (IPO) by Avior Australia Ltd (Avior). The scheme raised approximately $1.48 million. ....