June 9 2023 - ASIC has banned the director of Foxi Capital AU Pty Ltd and authorised representative of Responsible Entity Services Ltd, Shaun Fox from providing financial services and being involved in carrying on such a business for a period of eight years.
ASIC found Mr Fox contravened financial services laws by making false and misleading statements and engaging in misleading and deceptive conduct in relation to financial products.
https://asic.gov.au/about-asic/news-centre/find-a-media-release/2023-releases/23-158mr-asic-bans-director-from-providing-financial-services-for-eight-years/