By Daily Mail Australia Reporter
Published: 01:27 BST, 17 July 2019 | Updated: 01:37 BST, 17 July 2019
Former Married at First Sight star Justin Fischer has been banned from managing companies for three years.
The soft serve millionaire, 43, was disqualified by The Australian Securities and Investments Commission (ASIC) in April, after acting as the 'shadow director' for two Queensland companies that went into liquidation.
As reported by The Daily Telegraph on Wednesday, ASIC found that Justin did not act in the best interests of the failed companies which owed $543,000 to creditors.
Whoops: Former Married at First Sight star Justin Fischer (pictured) has been banned from managing companies for three years
The entrepreneur, who founded lucrative yoghurt manufacturing business Brullen and has held roles at various hospitality companies, told The Daily Telegraph that his lawyers have lodged an appeal.