Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Misconduct lands Geelong broker in jail

Staff Reporter 1 minute read

A Geelong mortgage broker will spend at least one year in jail after his appeal was denied by the Victorian Court of Appeal on Thursday last week, according to the Geelong Advertiser.

Advertisement
Advertisement
Ronald William Wynhoven, director of Seed Home Loans, was found guilty in February of five counts of attempting to obtain a financial advantage by deception and three counts of obtaining a financial advantage by deception.

The misconduct saw Mr Wynhoven raise around $1.2 million at the expense of 13 investors.

A bid to overturn the conviction was denied on Thursday, the paper reported, with Mr Wynhoven ordered to serve one year of a three year sentence with the remaining two to be suspended for two years.

Misconduct lands Geelong broker in jail
default
TheAdviser logo
default

TODAY'S POLL

View results >

Who do you aggregate through?

Thank you for your vote, you can see the results here.

more from the adviser
court gavel ta Lending officer sentenced for giving misleading information

A former lending officer has been sentenced in court after pleadi...

fingerprint VOI rule changes postponed due to COVID

ARNECC has advised that it has reassessed its proposed amendments...

approval stamp documents ta Bank automates pre-approval process

A non-major lender has announced changes to its pre-approval proc...

FROM THE WEB