Disqualified company director sentenced

TONY Sampano, previously known as Anthony Mark Sampson, has been sentenced in the Perth Court of Petty Sessions after pleading guilty to charges brought by the Australian Securities and Investments Commission.

Mr Sampano, of Yokine, was fined $4,000 in relation to one count of making a false statement in a document lodged with ASIC and $1,500 each in relation to two counts of managing a corporation while disqualified – fines totalling $7,000.

The charges were laid following an ASIC investigation into the conduct of Mr Sampano and Eazynet Pty Ltd, of which he was a director.

Eazynet operated as a computer and Internet service provider known as Easyfix Computers at Dianella until February 2002.

ASIC alleged that Mr Sampano, as a director of Eazynet, completed an application for the registration of Eazynet and nominated a unit in Glendalough as his residential address despite not having lived at that address for more than six months prior to completing the application form.

ASIC also found that Mr Sampano had been involved in the management of a company even though he was disqualified from doing so.

That disqualification arose from previous convictions of stealing and fraud in February and March 1999.

Under the Corporations Act that meant an automatic five-year disqualification.

As a result of Mr Sampano’s current conviction for lodging a false statement with ASIC, he is disqualified from the management of corporations until October 31 2008.

The prosecution was conducted by the Commonwealth Director of Public Prosecutions.

More information

This document provides more information about the general value shifting regime guide.

http://ato.gov.au/distributor.asp?doc=/content/31456.htm

Published: November 6 2003

ATO Interpretative Decisions

ATO Interpretative Decisions. Last modified 6 November 2003.

http://ato.gov.au/distributor.asp?doc=/content/36451.htm

Published: November 6 2003