AFSA statement regarding Beau Timothy John Hartnett

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The Inspector-General in Bankruptcy has today commenced an investigation into circumstances surrounding the personal insolvency of debtor Beau Timothy John Hartnett.

The Australian Financial Security Authority (AFSA) has acted after becoming aware of concerns regarding Mr Hartnett’s conduct and actions taken in relation to his personal insolvency.

AFSA takes a firm but fair approach to regulatory action. This includes investigating potential offences against the Bankruptcy Act 1966.

AFSA works with other regulators in its investigations where appropriate.

This investigation is ongoing and further details will be provided at an appropriate time.

AFSA encourages anyone who suspects wrongdoing, criminal misconduct, dishonesty, or fraud in a personal insolvency matter, to report it immediately. Tip-offs can be made anonymously at www.afsa.gov.au/tipoff.