Enforcement/asicCWLTH

Federal Court Orders 33 5 Million Penalty Against Snaffle Operator For Inflating Prices And Overcharging On Credit Contracts

civil penalty1 Jan 2026

Facts

ASIC media release 26-099: Mr Federal Court Orders 33 5 Million Penalty Against Snaffle Operator For Inflating Prices And Overcharging On Credit Contracts. Sourced from ASIC newsroom — see source URL for the full release.

Outcome

See ASIC media release 26-099 for outcome.

Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-099mr-federal-court-orders-33-5-million-penalty-against-snaffle-operator-for-inflating-prices-and-overcharging-on-credit-contracts/

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