Perth-based Dashiel Benjo Vee (aka Dash Vee) faces a permanent ban by ASIC after giving his employer fake documents purportedly showing he had passed his financial adviser exams. He went on to mislead 24 of the firm’s clients.
Vee is now listed on ASIC’s banned and disqualified register, and is prohibited by the regulator from providing financial services, controlling an entity that carries on a financial services business, or performing any function involved in the carrying on a financial services business. He has a right to appeal the decision.
ASIC found Vee engaged in conduct that was dishonest and “…demonstrated the opposite of integrity, sound judgment, trustworthiness, and professionalism”.
Vee was a financial adviser with Cojag Pty Ltd (which trades as The Horizon Group) between 4 October 2021 to 29 December 2021, and again from 27 March 2022 to 2 March 2023.
The Financial Adviser Register was updated to remove the appointment from 27 March 2022 after staff at the firm discovered Vee had not passed the financial adviser exam.
ASIC states Vee acted dishonestly by providing Cojag with a falsified financial adviser exam certificate, and by telling colleagues and an education provider he had passed the financial adviser exam.
The regulator also states he misled 24 of his employer’s clients about meeting the prescribed education and training standard when giving them personal advice.
ASIC further found Vee was not fit and proper, nor adequately trained and competent, to provide one or more financial services, and that he was likely to contravene a financial services law in the future.
Cojag has cooperated with ASIC’s enquiries, and informed it of its client review and remediation measures in response to Vee’s conduct.
According to a statement on The Horizon Group’s website, Vee entered the financial service industry in 2013 from a brokering background.
