Commonwealth Bank financial planner charged with forgery by ASIC

The Australian Securities and Investments Commission (ASIC) has charged former Commonwealth Bank's financial planner, Ricky David Gillespie, with the crime of forging customers' signatures on application forms and other documents between January 2007 and June 2009, in an attempt to meet the bank's internal audit requirements. ASIC had already banned Mr Gillespie from providing financial services in 2012. Mr Gillespie was a major figure in CBA's financial planning scandal, which was brought to light by Fairfax Media in 2013.
The corporate watchdog has laid criminal charges against a former Commonwealth Bank financial planner, alleging he forged customers' signatures on application forms and other documents.

The Australian Securities and Investments Commission brought one rolled-up charge against Ricky David Gillespie, who was a senior financial planner at CBA's branch in Broadbeach, on the Gold Coast.

ASIC has laid charges against a former CBA planner. Credit: Michael Clayton-Jones

ASIC accuses Mr Gillespie of forging a number of customers' signatures on 31 documents between January 2007 and June 2009, including on applications for financial products and on internal documents.