Former Aussie mortgage broker Emma Feduniw, also known as Emma Khalil, has been banned from the credit and financial services industries following her conviction of home loan fraud in June.
ASIC has permanently banned Brisbane-based Feduniw after its investigation led to her being convicted on 3 June 2016 in Beenleigh Magistrate's Court on eight charges relating to home loan fraud. She was convicted and fined $8,500.
ASIC's investigation found that Feduniw provided documents in support of eight loan applications knowing that they contained false or misleading information about the applicant's employment.
“ASIC wants to ensure that dishonest brokers are removed from the industry,” ASIC deputy chair Peter Kell said.
“We will take all necessary steps to achieve this.”
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
Top Suburbs :
Get help with your investment property
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.
We value your privacy and treat all your information seriously - you can check out