Mark Darren Levi was sentenced in the District Court of NSW to a term of imprisonment for 18 months.
However, the court ordered that he be released immediately upon him undertaking to be of good behaviour for 18 months.
Mr Levi was a registered liquidator until August 2013, when his registration was cancelled following ASIC's successful application to the Companies Auditors and Liquidators Disciplinary Board.
According to a statement from ASIC, Mr Levi used his position as an employee of an insolvency firm to dishonestly obtain two cheques totalling approximately $92,000 from a receivership account, which he used to pay his personal tax liabilities.
The receivership account was maintained by the insolvency firm as part of the receivership of Biseja Pty Ltd, which is now deregistered.
Mr Levi also admitted an additional offence, in that between 6 July and 31 August 2010 he falsified the books and records of Biseja to hide his misconduct.
Following his conviction, Mr Levi was automatically disqualified from managing a corporation for a period of five years.
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