ASIC has obtained a court order to freeze the assets of Goldsky Asset Management and its founder, Ken Grace.The regulator alleges that Grace operated an unlicensed financial services company which raised $16 million from over 50 investors. ASIC then alleged that investor funds were used for Grace’s personal use, “including substantial payments to family members and the purchase of personal items”.
https://www.businessinsider.com.au/goldsky-asset-management-asic-court-order-freeze-assets-2018-11
