Lawyer Avoids Jail for $2.35M Scam

Former barrister Norman OBryan, from a prestigious legal family, was convicted for attempting to overcharge clients in the Banksia Securities case. He was sentenced to a community corrections order, including 600 hours of unpaid work over four years. OBryan, who helped investors and retirees who lost money in the Banksia collapse, was involved in a class action that settled for $64 million. However, he and his partner were accused of faking invoices and inflating fees, aiming to pocket over $2.35 million. The scam was exposed when investors pushed back, leading to a court review that revealed doctored records. OBryan lost his law license, returned his Order of Australia medal, went bankrupt, and was shunned by everyone. He pleaded guilty early and did charity work to avoid prison, but his reputation is ruined. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/73ee6a9cbde66ada