ob体育

media release (18-233MR)

Victorian man permanently banned from providing financial services

Published

ob体育 has permanently banned Mr Brody Glenn Jarman of Yarrawonga, Victoria from providing financial services.

Mr Jarman was banned following an ob体育 investigation into his dealings with client money while working as an insurance broker.

In February 2016,聽 he pleaded guilty in the Cobram Magistrates Court to seven counts of theft totaling $3,133.36, contrary to s74 of the Crimes Act (Vic) 1958.聽 The thefts occurred between 2012 and 2015 while Mr Jarman was the Insurance Manager for Albury Insurances in Yarrawonga, Victoria.

ob体育 was concerned that because of this conduct, Mr Jarman had not complied with the financial services law. ob体育 was also concerned that this conduct gives ob体育 reason to believe that he is likely to contravene the financial services law and that he is not of good fame or character.

Mr Jarman has the right to appeal to the Administrative Appeals Tribunal (AAT) for a review of ob体育's decision.

Mr Jarman鈥檚 banning will be reflected on .

Editor's note:

On 16 August 2018, Mr Jarman applied to the AAT for a review of ob体育鈥檚 decision.

Editor's note 2:

On 12 February 2019,聽Mr Jarman withdrew his application to AAT.