Former AR hit with almost 100 charges

A former authorised representative appeared in court on Friday, charged with more than 70 counts of dishonest conduct and numerous other charges.

Barry David Hassell, of Athelstone, South Australia, appeared in the Adelaide Magistrates Court charged with multiple counts of dishonesty and failure to provide disclosure documents to his clients but did not enter a plea.

Each charge carries a maximum of two years jail.

The charges stem back as far as 2002 and cover Hassell’s time as a B.D. & W.J. Hassell Pty Ltd and as a former authorised representative of a number of Australian financial services licensees.

In 2012, ASIC accepted an enforceable undertaking from Mr Hassell to never again provide financial services.