The Australian Securities & Investments Commission has obtained Federal Court travel restraint orders against Darren Geddes, a Gold Coast-based director of Global Investment Marketing Pty Ltd (GIM), preventing him from leaving or attempting to leave Australia until 16 March 2026 as part of an investigation into the company. The orders were made on ASIC’s application and were not opposed by Mr Geddes. ASIC is investigating GIM and its current and former directors for their roles in the alleged misappropriation of funds deposited by customers for investment purposes, and sought the restraints due to concerns Mr Geddes might leave Australia and be unavailable to assist the investigation.
Australian Securities & Investments Commission 2025-09-23
Australian Securities & Investments Commission secures Federal Court travel restraint orders preventing Global Investment Marketing director Darren Geddes from leaving Australia until 16 March 2026
The Australian Securities & Investments Commission (ASIC) secured Federal Court travel restraint orders against Darren Geddes, director of Global Investment Marketing Pty Ltd, preventing him from leaving Australia until March 2026. This action is part of an investigation into alleged misappropriation of customer investment funds by GIM and its directors. The orders were unopposed by Mr. Geddes.