The NSW Supreme Court has made orders preventing Melinda Scott from carrying on a financial services business following an application by ASIC alleging the Sydney-based financial adviser has been involved in suspected fraud.

The injunction, obtained on Friday 18 May 2012, also prevents companies Roach Graham Scott Pty Ltd and Roach Scott Pty Ltd, of which Ms Scott is a director, from carrying on a financial services business and restrains them from the disposing of any property (including monies and securities).

Ms Scott was an authorised representative of Millennium 3 Financial Services Pty Ltd, a financial advice business owned by the Australia and New Zealand Banking Group Limited (ANZ). Her authorisation was revoked on 15 May 2012.

The matter returns to court on 18 June 2012.