The Australian Securities and Investments Commission announced that former New South Wales financial adviser Ezzat-Daniel Nesseim has appeared in court charged with seven offences relating to alleged breaches of permanent banning orders. The alleged conduct occurred between June 2022 and December 2024 and involved performing functions for three financial services businesses and providing personal financial product advice to four consumers. Nesseim was permanently banned from providing financial services in 2018 and from engaging in credit activities in 2019. A further 2022 order permanently barred him from controlling a financial services business or performing any function involved in carrying one on. The Commonwealth Director of Public Prosecutions is prosecuting the case following a referral from ASIC. The court ordered service of the brief of evidence by Dec. 8, 2026, when the matter is next listed for mention.
Australian Securities and Investments Commission alleges former adviser committed seven offences by breaching permanent bans
Former New South Wales financial adviser Ezzat-Daniel Nesseim has been charged with seven offences for allegedly breaching ASIC permanent banning orders between June 2022 and December 2024. The alleged conduct involved functions performed for three financial services businesses and personal financial product advice provided to four consumers. The case is next listed for mention on Dec. 8, 2026.