Ex-broker gets community service
Former NSW insurance broker Graham Apolony has been sentenced to 300 hours’ community service after being convicted on charges brought by ASIC.
Mr Apolony, who owned a brokerage in suburban Camden, was convicted in a local court on two charges of making a false declaration to ASIC in 1998 and 1999 when he renewed his broker registration; and one count of managing the brokerage within five years of a fraud conviction. He had been convicted in 1997, in the name of Graham Adams, of two counts of gaining a benefit by deception.
In March this year he was convicted on 10 charges related to his failure to remit $11,905 in premiums from clients, and was given a suspended 12 month sentence.