A Victorian insurance broker appeared before the Melbourne Magistrates Court last week on theft and deception charges.

The Australian Securities and Investments Commission (ASIC) alleges Robert Wilson stole more than $134,500 from his clients and BMG Finance when selling insurance products on behalf of West Brunswick broker Mark Prolisko Insurance Agency and Overton Insurance Brokers between February 2004 and December 2005.

The charges detail 47 counts of theft, two counts of making a false document, one count of obtaining property by deception and one count of obtaining a financial advantage by deception.

A committal mention hearing has been scheduled for November 15 at the Melbourne Magistrates Court.

In February this year, ASIC permanently disqualified Mr Wilson from providing financial services. He has not exercised his right to appeal at the Administrative Appeals Tribunal.