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Jan Cameron guilty of misleading market by hiding Bellamy’s stake

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Former Financial Review Rich Lister Jan Cameron has been found guilty of using an offshore corporate structure to hide that she controlled 14 million shares in organic baby formula company Bellamy’s Australia.

The Australian Securities and Investments Commission sued Cameron in February 2020 for her use of the Black Prince Private Foundation, an entity based in the Dutch Caribbean island of Curacao, a known tax haven.

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Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/retail/jan-cameron-guilty-of-misleading-market-by-hiding-bellamy-s-stake-20231214-p5ergi