Regulatory Alerts2025-09-23
ASIC secures travel restraint orders against Global Investment Marketing director Darren Geddes
The Australian Securities and Investments Commission secured Federal Court travel restraint orders against Darren Geddes, director of Global Investment Marketing Pty Ltd, preventing him from leaving Australia until March 2026. These measures were implemented during an investigation into the alleged misappropriation of customer investment funds by GIM and its directors. The orders were made upon ASIC's application without opposition to ensure Geddes remains available to assist with the inquiry.
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