Former insurance company director pleads guilty to dishonest conduct

An ex-director of an insurance company has pleaded guilty to 39 counts of dishonest conduct.

Insurance News

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Former director of an insurance company, Barry David Hassell, has pleaded guilty to 39 of dishonest conduct.

Hasell, of Athelstone, South Australia, appeared before Adelaide Magistrate Courts to answer to the charges brought by ASIC, related to his conduct during 11 March 2002 and 13 December 2011.

He pleaded guilty to four counts of providing ASIC with false or misleading information, including the provision of clients' files containing forged documents; 10 counts of engaging in dishonest conduct, including submission to insurers of applications for insurance that contained false information, and 25 counts of failing to provide a disclosure document to his clients.

Hassell will appear in the District Court on 10 November 2014 for arraignment.
 

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