Former financial adviser pleads guilty to $1.7m theft from elderly clients
Monday 30 June 2025 · 3 outlets · 3 reports · updated In this story Financial Markets Authority
Murray McClune has pleaded guilty to two charges of theft by a person in a special relationship. Following a Financial Markets Authority investigation, it was revealed he misappropriated approximately $1.7 million from two sets of elderly clients for personal use and issued false statements to hide the fraud.