Disqualified From Managing Corporations For Four Years
In April 2009, the Australian Securities and Investments Commission (ASIC) disqualified Mansfield from managing corporations for four years following their investigation into his role in two failed companies. These companies were Clarity1 Pty Ltd, which was at the centre of the spam case, and The Which Company Pty Ltd. "ASIC found that the companies had failed with substantial statutory debts accrued over a substantial period and that Mr Mansfield’s management and involvement in the affairs of Clarity1 Pty Ltd and Which Co Pty Ltd did not meet the standards required of a person in his position."
Read more about this topic: Wayne Mansfield
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