Marion Joan Pearson: Former Perth financial adviser fails to stop extradition to Australia to face 136 charges

Pearson’s application for permanent name suppression was refused, the court concluding the extreme hardship threshold was not met.

She then took her case to the High Court, Court of Appeal and eventually New Zealand’s highest court, with the Supreme Court refusing her leave to appeal on Thursday.

In an Australian Securities and Investments Commission (Asic) statement in November 2015, Pearson worked at Ballast Financial Management from 2007 to October 2013.

Pearson was also a sole director and shareholder of a business called Colisa, which traded as Anmar Financial Consultants.

In 2015, Asic permanently banned Pearson from the financial services industry after an investigation found her conduct in advising self-managed superannuation fund clients contravened financial services laws.

Asic found Pearson “engaged in conduct that was dishonest – including creating documents to disguise the fact that client money was paid into Colisa’s bank account without the relevant client’s knowledge or authority”.

Asic also found she “engaged in conduct that was misleading or deceptive, in that she misled Ballast and specified clients into believing the clients’ funds were placed in particular investments, when in fact, she had not done so”.

Asic commissioner John Price, in 2015, said: “If a financial adviser engages in dishonest conduct, Asic will remove them from the industry.”

The 2015 Asic statement said Pearson was living in New Zealand.

Sign up to The Daily H, a free newsletter curated by our editors and delivered straight to your inbox every weekday.