ENVIRONMENT

Waugh convicted of insider trading

FORMER corporate advisor Cameron Waugh (34) is facing jail time after pleading guilty in the Western Australia Supreme Court to one charge of insider trading in relation to Genesis Minerals, following a decision by the Commonwealth Director of Public Prosecutions to discontinue five other charges.

 WA Supreme Court

WA Supreme Court

According to the Australian Securities Investment Commission, Waugh gained inside information about a pending $20.8 million funding proposal that included placement of millions of Genesis shares and a...

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