Former celebrity financial adviser Sam Henderson has been charged with multiple counts of dishonest conduct for allegedly making false claims about his qualifications following an investigation by the corporate watchdog.
The federal Director of Public Prosecutions will allege the Sydney-based Mr Henderson falsely claimed he had a Master of Commerce in presentations to prospective clients, on the company’s website and in corporate brochures distributed between 2013 and 2016.
Mr Henderson has been charged with a total of five counts of dishonest conduct, each carrying a maximum penalty of between five and 10 years’ imprisonment.
Mr Henderson copped a three-year ban from providing financial services last year after the Australian Securities and Investments Commission found he failed to act in the best interests of clients. This led to clients either losing money or being at risk of losing money.