Glenda Rogan's ten-year ban underscores ASIC's commitment to tackling financial misconduct and protecting Australian investors from cryptocurrency fraud.
The Australian Securities and Investments Commission has imposed a ten-year ban on Glenda Rogan for her role in a fraudulent scheme that misappropriated nearly AUD 15 million from clients. Rogan misled clients into investing in a non-existent high-yield account, transferring funds to her accounts and a blacklisted UK crypto platform. This enforcement action is part of ASIC's broader crackdown on crypto-related fraud as regulatory measures intensify in the sector.