Ridiculous: OZschwitz Court extends lawyer's ban over diamond trade
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RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
Subject: Ridiculous: OZschwitz Court extends lawyer's ban over diamond trade Wed Apr 17, 2019 11:59 pm
A lawyer described by a tribunal as "arrogant, supercilious and obtuse" has had his credit industry disqualification extended for creating a “sham” diamonds trade to evade consumer credit laws and sell payday-style loans.
Robert Legat, who was director and legal counsel of Fast Access Finance (FAF) in Queensland, was banned from engaging in credit activities by the Australian Securities and Investments Commission in September 2017 for his role in devising the scheme.