Former adviser charged over alleged $3.3m fraud

According to NSW Police, the 42-year-old man was arrested at Chatswood Police Station in Sydney on Friday, 7 May, after they received reports of an alleged fraud committed against an 86-year-old woman in March 2020. 

ifa understands the man charged is former Sentinel Wealth planner Gavin Fineff, who last year confessed to gambling addiction. 

Police have also received information about other alleged victims. 

Mr Fineff was charged with “knowingly deal with proceeds of crime intent to conceal” and “18 counts of dishonestly obtain financial advantage by deception”.

Police will allege that Mr Fineff defrauded clients of just under $3.3 million between May 2017 and March 2020.

Neil Griffiths

Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.

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Neil is also the host of the ifa show podcast.