LAWFUEL – The Legal Newswire – Mr Robert James Wilson of West Footscray, Victoria, appeared today in the Melbourne Magistrates Court on charges brought by the Australian Securities and Investments Commission (ASIC).
Mr Wilson, a former insurance intermediary, has been charged with 47 counts of theft, two counts of making a false document, one count of obtaining property by deception and one count of obtaining a financial advantage by deception.
These charges follow an ASIC investigation into Mr Wilson’s conduct. ASIC alleges that between February 2004 and December 2005, while he was engaged by Mark Prolisko Insurance Agency Pty Ltd (MPIA) and Overton Insurance (Brokers) Vic Pty Ltd (Overton), Mr Wilson stole funds in excess of $134,500 from clients and insurance premium funder, BMG Finance Pty Ltd. It is alleged this money was obtained through the payment of general insurance products into bank accounts under Mr Wilson’s control and withheld from MPIA, Overton and relevant insurance providers.
The matter will return to the Melbourne Magistrates Court on 15 November 2007 for a committal mention hearing.
The Commonwealth Director of Public Prosecutions is prosecuting the matter.
On 6 February 2006, ASIC permanently banned Mr Wilson from providing financial services.