Former Wodonga floristry director Daniel Dixon has been sentenced for making a false or misleading statement to ASIC.

Mr Dixon was sentenced without conviction upon entering into a recognisance order in the sum of $1,000 to be of good behaviour for 24 months.

On 30 June 2020, Mr Dixon lodged a form with ASIC to deregister the company that operated his florist business, D & E Dixon Pty Ltd (deregistered) (ACN 156 558 646).

In the form, Mr Dixon declared that D & E Dixon had no outstanding liabilities when at the time Mr Dixon was aware that D & E Dixon had outstanding liabilities totalling $26,454.89.

Mr Dixon is required to pay compensation of $30,839.86 to creditors for outstanding liabilities owed by D & E Dixon.

Mr Dixon pleaded guilty to the charge and was sentenced on 24 March 2022 at Wodonga Magistrates’ Court.

The matter was prosecuted by the Commonwealth Director of Public Prosecutions following a referral from ASIC.

Background

Mr Dixon first appeared in Court on the charges on 13 September 2021 (21-260MR).

Making a false or misleading statement to ASIC is a breach of s1308 of the Corporations Act 2001 and carries a maximum penalty of five years imprisonment.