Content of Penalty:
ASIC has permanently banned Victorian director Ermelia Suzanne Snoeks from engaging in credit activities and from providing financial services.
This followed an ASIC investigation that found Ms Snoeks:
- failed to disclose a past criminal conviction in an application for an Australian credit licence by NBG Financial Pty Ltd (NBG), a company for which Ms Snoeks is the director;
- lodged a false document in support of her being a fit and proper person in NBG's Australian credit licence application;
- had previously been involved in false correspondence misrepresenting the fate of monies and in respect of her purportedly being legally represented; and
- failed to disclose in an annual compliance certificate that NBG has ceased to be a member of an external dispute resolution scheme.