Friday 18 August 2006 06 – LAWFUEL – Legal News Network – Mr Antonio (Tony) Pisano appeared before the Armadale Magistrates’ Court, in Western Australia, this week on thirty-three charges of fraud. The charges follow an investigation by the Australian Securities and Investments Commission (ASIC).
The charges relate to Mr Pisano’s dealings with money he obtained from investors between June 1996 and July 2001. It is alleged that while Mr Pisano was a director and shareholder of Pisano Enterprises Pty Ltd, trading as Pisano Financial Services, he defrauded various investors of $1,470,524.26. Pisano Financial Services was based in Gosnells, Perth. Mr Pisano, who appeared in Court on Tuesday 15 August 2006, was not required to enter a plea. He was bailed to reappear on 5 September 2006 at the Perth Magistrates’ Court.
Mr Pisano was granted bail provided he: • give a personal undertaking in the sum of $200,000 with a $100,000 surety; • surrender all passports held by him; • does not approach any international departure point within 500 metres; and • does not leave Australia. The Commonwealth Director of Public Prosecutions in prosecuting the matter. For further information contact: Danielle Huck ASIC Media Unit Telephone: 03 9280 3407 Mobile: 0417 540 769