Australia’s corporate regulator has secured court-ordered travel restraints against Gold Coast company director Darren Geddes as part of an ongoing investigation into alleged fund misappropriation at Global Investment Marketing Pty Ltd (GIM).
The Federal Court orders prevent Mr Geddes, a director of GIM, from leaving or attempting to leave Australia until 16 March 2026. The application by the Australian Securities and Investments Commission (ASIC) was not opposed by Mr Geddes.
ASIC said it sought the orders amid an investigation into GIM and its current and former directors over the alleged misappropriation of funds deposited by customers for investment purposes, and due to concerns Mr Geddes might leave the country and be unavailable to assist with the inquiry.
Two court orders, dated 16 September 2025 and 22 September 2025, record the restraints and are available on ASIC’s website. The investigation remains ongoing and no allegations have been proven.
