More charges for financial advisor

Picture: Stock image
Picture: Stock image

THE financial advisor accused of stealing superannuation funds from his clients has been charged with stealing from seven more victims.

Financial Crimes Squad detectives charged a financial advisor with stealing $539,124.60 from his client last month.

It will be alleged the man stole $539,125.60 over a 13-day period in July this year from the first victim.

The man allegedly stole more than $400,000 from seven more victims in July.

The financial advisor was due to face Joondalup Magistrates Court today.

It will be alleged the man used his access to his clients’ superannuation accounts to make unlawful withdrawals, with the total amount stolen at almost $1 million.

The 38-year-old man from Yanchep has been charged with seven more counts of stealing by agents – money received by direction.

He was due to appear in the Joondalup Magistrates Court today on all eight charges.

The investigation is ongoing.

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