Please note that the MFAA conducts regular reviews and may remove information from this site after seven years from publication other than in matters involving very serious misconduct.

 

Mr Pierino Forni, Comsec Finance, One Stop Finance Solutions Pty Ltd, One Stop Finance Pty Ltd

The MFAA Tribunal has suspended the memberships of Comsec Finance, One Stop Finance Solutions Pty Ltd and One Stop Finance Pty Ltd on the account that sole director and nominated MFAA representative for these companies, Mr Pierni Forni of Pascoe Vale South, VIC was charged with serious drug and related criminal offences and has been refused bail.

The suspension is effective from 20 November 2021 to 20 November 2022.

 

Mr Sean Lewis

The MFAA Tribunal has suspended the membership of Mr Sean Lewis of Wickham, NSW. The suspension is for a period of 2 years, effective from 5th October 2021. The Tribunal determined that following on from the decision of ASIC to ban Mr Lewis for five years, he was not a fit and proper person to be a MFAA member.

The suspension is effective from 5 October 2021 to 5 October 2023.

 

Mr Liang (Steven) Wang

The MFAA Tribunal has suspended the membership of Mr Liang (Steven) Wang of Wantirna South, VIC. The suspension is for a period of 12 months. The Tribunal determined that Mr Wang had engaged in misconduct that was in breach of the MFAA disciplinary rules.

The suspension is effective from 30 July 2021 to 30 July 2022.

 

Mr Jose (Tony) Caab of Smartline of Hornsby, NSW

The MFAA Tribunal has suspended Mr Jose (Tony) Caab from MFAA membership for a period of 12 months. The Tribunal determined that Mr Caab had engaged in Misconduct by altering and then providing an unconditional loan approval letter to applicants, for a loan that had not been approved.

The suspension is effective from 15/01/2021 to 14/01/2022.

 

Mr Xiao (Lucas) Liu of Bankstown, NSW

The MFAA Tribunal has suspended Mr Xiao (Lucas) Liu from MFAA membership for a period of 12 months. The Tribunal determined that Mr Liu had engaged in Misconduct by knowingly facilitating the submission of a loan application in his own name containing false income information. Further Mr Liu had submitted another loan application with questionable income information.

The suspension is effective from 17/07/2020 to 16/07/2021.

 

Mr Manohar Kamini, VIC

The MFAA Tribunal has suspended Mr Manohar Kamini from MFAA membership for a period of 18 months. The Tribunal determined that Mr Kamini had engaged in misconduct by knowingly submitting loan applications in his own name that contained false information.

The suspension is effective from 14/07/2021 to 14/12/2022.