Richard Pusey issued 10-year ban by Asic for having ‘no regard for the law’
The corporate regulator has banned Porsche driver Richard Pusey, who filmed police officers as they were dying, from the credit and financial services for 10 years after finding he “has no regard for the law”.
Pusey, who has been described by a judge as “probably the most hated man in Australia”, previously ran mortgage broker ISwitchNow, which also held a financial services license to sell life insurance.
In April, he was jailed for 10 months, most of which was time already served, for filming police who died after being hit by a truck on the Eastern Freeway last year.
The officers were standing on the roadside after pulling over Pusey’s Porsche for speeding at 149km/h.
In a statement issued on Tuesday, the Australian Securities and Investments Commission said it was satisfied that Pusey provided seven false statements to it in documents lodged with the regulator between 2011 and 2017.
It said that in addition to having no regard for the law Pusey also “lacks the attributes of good character, honesty, and judgement”, could not be relied upon to comply with directions from authorities, was likely to break credit and financial services laws and “is not a fit and proper person to participate in the financial services and credit industries”.
Sign up to receive an email with the top stories from Guardian Australia every morning
The 43-year-old Pusey returned to court on Monday to plead guilty to additional charges including assaulting a woman in Fitzroy in December and using a carriage service to menace a Westpac employee in August 2019 following a credit card dispute.
A magistrate is due to sentence him for those offences on Wednesday.