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Enforcement/asicCWLTH

Stavro D’Amore jailed for misusing nearly $700,000 in Berndale funds

26-182MR

criminal23 July 2026

Respondent

Stavro D’Amore

Facts

Former Berndale Capital Securities Pty Ltd (Berndale) director Stavro D’Amore will serve 23 months in prison as part of a three-year and ten-month total effective sentence handed down by the Federal Court for multiple dishonesty offences committed between 2017 and 2018.

Outcome

ASIC criminal conviction/sentence — Stavro D'Amore: total effective sentence of three years and ten months (23 months to serve) imposed by the Federal Court on 2026-07-23 for dishonesty offences as a Berndale director. On 19 August 2026 he filed an appeal against the sentence. See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-182mr-stavro-d-amore-jailed-for-misusing-nearly-700-000-in-berndale-funds

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