The actions against those responsible for the collapse of Sherwin Financial Planners are approaching conclusion, with Bradley Thomas Sherwin, the firm's former principal and the chairman of Wickham Securities Ltd, pleading guilty to 25 charges in the Brisbane District Court. Sherwin will be sentenced on 14 November 2017.  He did not apply for bail and was remanded in custody. The matter had been listed for a six week trial to commence on 18 September 2017, with Sherwin set to face 34 charges.He had already been banned by the Australian Securities and Investment Commission from providing financial services.The prosecution followed a series of investigations by ASIC in the wake of the collapse of the A$30 million property lender, Wickham Securities, Sherwin Financial Planners, and a group of related companies. In brief, the key events that triggered the prosecution action against Sherwin were: Wickham Securities' collapse in December 2012, owing more than A$27 million to approximately 300 debenture holders; and the subsequent collapse in January 2013 of Sherwin Financial Planners, and other companies of which Sherwin was a director, owing more than $30 million to clients of Sherwin Financial Planners.A statement from ASIC yesterday confirmed that Sherwin had pleaded guilty to: 24 counts of dishonestly causing a detriment between May 2009 and December 2012 to the value of nearly $10 million to a number of clients of Sherwin Financial Planners; and one count of dishonestly breaching his duties as a director of Wickham Securities Limited between June 2010 and October 2010. The case against Sherwin follows other actions by ASIC and at least one specialist class action law firm stemming from the collapse of Wickham Securities.In September 2016, the former chief executive officer of Wickham Securities, Garth Peter Robertson, was sentenced to five years imprisonment after pleading guilty to various charges brought by ASIC, including fraud.In June 2013, ASIC cancelled the registration of the auditor of Wickham Securities, Brian Kingston, after forming the view he failed to carry out or perform adequately and properly the duties of an auditor.