ASIC Deutsche Trader False Entry

On Feb. 12, ASIC issued sentence for DB trader false entries.

  • Court sentenced DB futures trader, Andrew Donaldson, to 18 months in prison.


  • Donaldson pled guilty to falsifying internal financial records and system entries.
  • While working as a FX, options and futures trader, with Deutsche Bank Sydney.
  • Related to his trading in financial products, including US Treasury Note Futures.
  • The entries fraudulently showed that he had made large profits of over $31mn.
  • Used position dishonestly, having an intent of gaining an advantage for himself.


  • Jail sentence suspended, and Donaldson was released on his own recognizance
    with condition to be of good behavior for 2 years and a security sum of $10,000.
  • Follows ASIC Sep. 2016, permanent ban, on Donaldson giving financial services.