Wednesday 17 January 2007 LAWFUEL – Mr Antonio (Tony) Pisano today appeared in the Perth Magistrates Court, Western Australia, in relation to 12 further charges of fraud laid by the Australian Securities and Investments Commission (ASIC). Today’s proceedings follow 33 previous charges laid by ASIC in June and August 2006. All charges relate to Mr Pisano’s dealings with money he obtained from investors between June 1996 and July 2001. Mr Pisano now faces 45 charges of fraud to the value of $1,537,735.60 Mr Pisano was remanded on bail to reappear in the Perth Magistrates Court on 28 February 2007.
The Commonwealth Director of Public Prosecutions is prosecuting the matter. Background ASIC alleges 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, 537,735.60. Pisano Financial Services was based in Gosnells, Perth. For further information contact: Allen Turton Deputy Executive Director, Enforcement Telephone: 02 9911 2338 Mobile: 0411 549 236 Emma Forehan ASIC Media Unit Telephone: 03 9280 3354 Mobile: 0409 702 310