Former company director Trent Bowden, of Seville Grove, Western Australia, has pleaded guilty to three charges of dishonestly using his position as a director of Trent Bowden Trading Pty Ltd to gain an advantage for himself.
Mr Bowden appeared before the Perth Magistrates Court on 26 June 2026 and pleaded guilty to three offences contrary to section 184(2)(a) of the Corporations Act 2001 (Cth). He faces a maximum penalty of 15 years’ imprisonment for each offence.
It is alleged that between 13 March 2019 and 1 November 2023, Mr Bowden, through Trent Bowden Trading Pty Ltd, received more than $1.5 million from investors after representing that their funds would be invested, primarily through foreign exchange trading. Instead, Mr Bowden dishonestly used his position as director to access and use investor funds for personal expenses, payments to other investors and other non-trading purposes.
This matter is being prosecuted by the Office of the Director of Public Prosecutions (Cth) and is next listed before Perth District Court on 21 August 2026 for a sentence mention date.