A financial adviser has pleaded guilty to embezzling up to $1.3 million following an investigation by ASIC.
David Leech was guilty of 19 fraud-related charges including using his position as a company director with Nataimosh Pty Ltd to pocket $51,450.
Leech was also charged for creating false documents and four counts of theft.
Between 1998 and 2005, the 35-year-old adviser stole money from the superannuation and workers' compensation lump sum payments of 15 clients.
In October 2006, ASIC banned Leech from providing financial services. He worked for an accounting practice in Victoria since 1997.
