Expelled, Suspended & Cancelled Memberships

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​​​​Under the MFAA Constitution and Disciplinary Rules, the MFAA Tribunal has the power to issue determinations to expel and suspend members and to cancel membership where appropriate . This link provides additional information.

The following members have been expelled:

Member Details
(click here to view reasons for expulsion)
Effective Date
​Mr Arthur Langadiotis​Nov 2016
​​Mr Ze Min Li​Apr 2016
​Mr Aziz Letfallah ​Aug 2015​
​Mr Aizaz​ Hassan​Jun​ 2015
Mr Janek (John) Krawc and ​Global Progress Financial Services Pty Ltd  ​           ​Apr 2015
​Mr Michael Parnreiter    ​Oct 2014​
Ms Imalka (Nadee) WeththasingheMar 2014
Mr Shiv Prakash SahayFeb 2014
Ms Julie Jennings of Tailored Mortgage Solutions Pty LtdSep 2013
Mr Athol Halvorsen & Australian Finance Club Pty LtdJun 2013
Mr Giuseppe (Joe) SortinoJun 2013
Mr Moustafa DandachliAug 2012
Mrs Shashi PrasadJul 2012
Mr Daman SarnaDec 2011
Mr Ravind PrasadDec 2011
Mr Ashley SandhuSep 2011
Mr Eric ChuJul 2011
Mr Louie (Ljubomir) StevanovicJun 2011
Mr Abhinav GuptaMay 2011
Mr Kwang Hui (Ken) ParkMay 2011
Mr Prasanna WijesekaraMar 2011
Ms Hong-Hao Ngoc TranSep 2010
Mr Pingkie OngApr 2010
E-Mortgage Wise and Mr Don HoangApr 2010
Mr Anh-Tuan Pham and Freedom Finance & Property Group Pty LtdMar 2010
Ms Louise Nelson Business Accounting Solutions (NSW)Oct 2009
Ms Nadia Pessarossi, also known as Nadia WilliamsAug 2008
Mr Stephen ClearyMar 2008
Ms Xue Mei Mary ZhaoMar 2008
Ms Minerva BonialesDec 2007
Ms Sandra Mollica and Pipers Lane Australia Pty Ltd t/as Circa FinanceNov 2007
Ms Wei Hong (Victoria) XuNov 2007
Mr Nam Thanh NguyenOct 2007
Money on WheelsJul 2007
Mr Leon Hsieh and Grand Avenue Financial Services Pty LtdJul 2007
The Mortgage FamilySep 2006
Mr Col Hahne, GAL Home LoansJul 2006
GAL Home LoansJul​ 2006
Mr Brian BladesFeb 2006
Mr Bill TzounosFeb 2006
Sydney Lending CentreMay 2004


 

The following members have been suspended:

Member
(click here to view reasons for suspension)
Suspended fromTo
​Ms Jiangyong (Jenny) Mao and Diamond Lady Financial Solutions         ​​15/08/2016                       ​TBA​
​​Ms Lifeng (Grace) Zhang​01/01/2016​01/09/2017
​Ms Nicole Dean  ​11/05​/2015​10/05/2017
​Ms Helen Lossev​02/03/2015​01/03/2019​
​​Mr Aizaz​ Hassan​16/02/2015Refer to Expelled Members list above​
​Mr Edward George31/07/201330/07/2016​
Mr Athol Halvorsen and Australian Finance Club Pty Ltd02/11/2012Refer to Expelled Members list above
Mr Moustafa Dandachli06/07/2012Refer to Expelled Members list above
Mr Driss Doukari15/02/2012Indefinitely
Mr Michael Veigli10/12/2010TBA
Mr Yan Li and Amazon Financing Solutions25/08/2010TBA
Mr Hamish Taylor04/06/2010Indefinitely
Mr Victor Kumar24/11/2008TBA
Mr Tony Diao02/09/2009TBA
Mr Yang Zhang17/08/2007Indefinitely
Mr William Wong28/02/2007TBA


 

For the list of previously suspended members, click here. 


 

The following memberships have been cancelled:

Member Details
(click here to view reasons for cancellation)
Effective Date
​Mr Raghwa Nand Prasad​​15/08/2016
Mr David Brooke of Brooke Financi​al Solutions NSW08/06/2014
Mr David St Pierre​20/03/2014
​Mr Parmjit Singh10/03/2014
Mr Tony Quach18/12/2013
Ms Loriana Crews11/09/2013
Mr Arthur Sperling22/05/2013
Mr Constantinos Patniotis25/02/2013
Mai Pacific Pty Ltd and Mr Daniel Nguyen25/10/2012
Mr Amitoz Singh and LoanX Pty Ltd29/11/2010

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