The official podcast of the Australian Securities and Investments Commission (ASIC). The Australian Securities and Investments Commission is one of the busiest law enforcement agencies in the country. In Inside ASIC we look at what it takes to keeps the financial markets and consumers safe. The podcast gives insight into the workings of ASIC and hears from the people involved. Each episode of the podcast showcases a different area of the work of our people as told by our staff, plus interviews with Commissioners and external guests. You’ll hear from key players inside ASIC on everything from protecting consumers from increasingly sophisticated scams to cracking down on greenwashing and holding super funds to account. The latest series of Inside ASIC is here: https://open.spotify.com/show/2itvIwJWHm5qhws9Z8dyiT?si=zHeqtwVdRqSHShBKZkjSZQ
Episodes
Wednesday Jul 10, 2019
Wednesday Jul 10, 2019
On 10 July 2019, ASIC’s case against James Gibbs came to a close and he was sentenced to 10 years imprisonment, with a non-parole period of seven years to serve.
James Gibbs stole $4.88 million from his clients when he was acting as their financial adviser. His clients trusted him with their savings, with their money to be used for their retirements, and he devastatingly broke that trust by using that money for his own purposes.
In this episode, we hear from Dallas, one of Mr Gibbs' victims who helped build ASIC's case, as well as ASIC investigator, Chris Rowe.
Read ASIC media release's for more information: 19-179MR Former Adelaide financial adviser sentenced to 10 years imprisonment
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