Ben Jayaweera, a former financial adviser and director of Growth Plus Financial Group Pty Ltd (in Liquidation), has been sentenced to 12 years’ imprisonment following a hearing in the Brisbane District Court on 26 August 2024.
On 23 August 2024, a jury found Mr Jayaweera guilty of 28 counts of fraud pursuant to section 408C(1)(e) Criminal Code Act 1899 (Qld). Over the course of 28 transactions, Mr Jayaweera caused 12 former clients a total detriment of $5,958,870.
Between August 2013 to November 2015, Mr Jayaweera dishonestly obtained money from his clients via two methods:
- he induced clients to invest in the Australian Diversified Sector Investment Fund (ADSIF) by misrepresenting…
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