The former Magnolia Group director infamous for his spat with ASX-listed The Agency has been placed under a 10-year ban from providing financial services.
The Australian Securities and Investments Commission (ASIC) has recently disqualified money manager Mitchell Atkins from managing any corporations for the next five years.
Mr Atkins has also been banned from providing financial services or engaging in credit activities for the next decade.
The Magnolia Group reportedly operated a range of share investment and financial advice businesses from 2018 until the groups collapse in 2022. At the time of the collapse, Magnolia owed unsecured creditors millions of dollars, according to ASIC.
Liquidators reported that the Magnolia Group of Comp…
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