Mark Francis McCabe of Roseville, New South Wales, has appeared in Downing Center District Court on further fraud charges.
Mr. McCabe was indicted under Section 192E of the Federal Code on eight counts of unfair financial gain through deception. 1900 Criminal Act (New South Wales).
Between January 1, 2015 and April 28, 2021, Mr. McCabe allegedly made fraudulent monetary gains of $940,350 from eight people, seven of whom were at his company. Was a customer of a Guevara Capital Access Pty Ltd (deregistered) and an Online Trading Capital Pty. Corporation (deregistration).
Mr. McCabe was previously indicted under Section 192E of the federal law for illegally obtaining property through deception. criminal law 1900 (New South Wales) (22-234MR). This fee will be discontinued on May 9, 2023.
The criminal charges came after ASIC filed a civil suit in federal court in April 2022 to prevent Mr McCabe from leaving Australia while the investigation was ongoing (22-091MR).
Mr. McCabe was granted bail and is scheduled to appear in court and be held on May 9, 2023.
The matter has been indicted by the Commissioner of the Federal Attorney General following an inquiry from the Australian Securities and Investments Commission (ASIC).
