Australia’s corporate watchdog has permanently barred New South Wales investment manager Brett Paul Trevillian from the financial services and consumer credit sectors, following his conviction for serious fraud.
ASIC said the ban follows Mr Trevillian’s creation and distribution of forged performance verification reports that were used to solicit investments from clients of AlphaThorn Pty Ltd.
The regulator acted under powers in the Corporations Act 2001 (Cth) and the National Consumer Credit Protection Act 2009 (Cth), which allow permanent exclusions where a person has been convicted of serious fraud, including dishonesty offences.
As well as being excluded from providing financial services and engaging in credit activities, Mr Trevillian is prohibited from controlling a company that operates a financial services business, from performing any role within such a business, and from taking part in, overseeing or carrying out any function related to credit activities. The ban took effect on 18 August 2025 and has been recorded on ASIC’s banned and disqualified register.
According to ASIC, Mr Trevillian was the sole director and secretary of Metal Alpha Pty Ltd and served as investment manager for AlphaThorn Pty Ltd.
On 20 December 2024, he was convicted of two counts of making a false document to obtain a financial advantage under section 253 of the Crimes Act 1900 (NSW). He received a three-year term of imprisonment, to be served by way of an intensive correction order, as detailed in ASIC’s December media release (24-249MR).
