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Australia's ASIC bans ex Macquarie manager for using fake Family Office to get info from competitors

The sales team then used two email addresses for the Brook Family Office to extract confidential information from MAFM’s competitors in the agricultural investment sector on the pretense that it was assessing potential investment opportunities for its funds under management.

along with some members of the MAFM sales team conceived the concept of a fake family office, named the Brook Family Office

That it was assessing potential investment opportunities for its funds under management.

MAFM was an internally structured business which fell under the Macquarie Infrastructure and Real Assets division. Between May 2011 and March 2013, the sales team used two BFO email addresses to send emails to at least nine competitor fund managers based in Australia and overseas, all of which were known by the sales team to be direct competitors of MAFML.