Melinda Scott (also known as Melinda Fletcher), of Monterey, New South Wales, has been convicted of managing a corporation whilst disqualified.
Ms Scott, a former financial adviser, was previously disqualified from managing corporations for 25 years (until 2 December 2037) and permanently banned from providing any financial services following Court orders obtained by ASIC (refer: 12-302MR).
Following an ASIC investigation, it was alleged that between 5 August 2019 and about 9 February 2021, Ms Scott:
- incorporated Driven by Results Pty Ltd and acted as the company's sole director, sole shareholder and sole employee;
- used Driven by Results to conduct business as a chauffeur driver; and
- opened and operated three bank accounts held in the name of Driven by Results while listed as the sole signatory.
Ms Scott appeared in the Downing Centre Local Court on 14 December 2021. She was conditionally released on a 2 year bond with a $1,000 recognizance, under s20(1)(a) of the Crimes Act 1914.
The matter was prosecuted by the Commonwealth Director of Public Prosecutions.
Background
Managing a corporation while disqualified is contrary to s206A(1) of the Corporations Act.
At the time of the alleged offending, managing a corporation while disqualified carried a maximum penalty of five years imprisonment and/or a fine of 600 penalty units.
