Former stockbroker Lewis Fellowes has been sentenced to three years’ imprisonment after pleading guilty to three dishonesty charges, but has been spared prison time after entering into a $30,000, five-year good behaviour bond.
Former Patersons Securities WA state manager Lewis Fellowes has been charged with using nearly $1.6 million in clients’ money for his personal use, and could be looking at up to 12 years behind bars.
The Australian Securities and Investments Commission has permanently banned former Patersons Securities WA state manager Lewis Fellowes from providing financial services after finding he had transferred about $1.5 million of clients’ funds into his own accounts.
