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Former currency trader jailed
Krishnan Rasaratnam, a former director of Strategic Alternative Investments Pty Ltd (SAI), has today been jailed for 3 years and 3 months on dishonest conduct and deception charges. In October 2011, Mr Rasaratnam pleaded guilty to one count of using a false instrument and five counts of dishonest conduct in relation to providing a financial service. (refer: 11-245AD). In addition, one charge of using a false instrument, three charges of dishonest conduct and two charges of making false statements to ASIC were taken into account in the sentencing of Mr Rasaratnam. Mr Rasaratam, who was not licensed as a currency ... (full story)
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