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Friday 17 March 2017

17-070MR Dr Roger Munro arrested and charged with fraud

 

Dr Roger Gareth Munro was arrested by Queensland Police officers today and brought before the Southport Magistrates Court, where he was formally charged with five counts of fraud under s408C of the Queensland Criminal Code, following an ASIC investigation.  Each charge carries a maximum period of imprisonment of 12yrs.

Dr Munro was released on conditional bail to appear in the Southport Magistrates Court on 15 May 2017. Dr Munro's bail conditions include that he surrenders his passport, that he is to have no contact with certain prosecution witnesses and that he not leave Australia nor approach any point of international departure.

The matter is being prosecuted by the Commonwealth Director of Public Prosecutions.

Background

On 24 July 2015, ASIC filed an application in the Supreme Court of Queensland seeking declarations and other orders in relation to the conduct of Dr Munro, in which ASIC alleged Dr Munro had breached s911A of the Corporations Act 2001 by carrying on a financial services business in Australia without an Australian Financial Services licence (15-201MR).

On 3 February 2016, the Supreme Court of Queensland found that Dr Munro had breached s911A of the Corporations Act 2001 and permanently restrained him carrying on a financial services business in Australia without holding an Australian financial services licence.  (16-023MR).

Editor's note 1:

Following the mention of the matter on 15 May 2017, the matter was adjourned until 17 July 2017. 

Editor's note 2:

Following the mention of the matter on 17 July 2017, the matter was adjourned until 21 August 2017.

Editor's note 3:

Following the mention of the matter on 21 August 2017, the matter was adjourned until 16 October 2017.

Editor's note 4:

Following the mention of the matter on 16 October 2017, the matter was adjourned until 20 November 2017.

Editor's note 5:

The charges were mentioned in the Southport Magistrates Court on 20 November 2017, where it was confirmed that Roger Munro has been committed to stand trial in the District Court at Southport on a date to be fixed.  Dr Munro remains on conditional bail.

 

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Last updated: 21/11/2017 12:31