Senior ATO official tangled in $165m fraud scandalBY JAMIE WILLIAMSON | THURSDAY, 18 MAY 2017 11:56AM
One of the Australian Taxation Office's most senior and long-serving officials is expected to be charged in relation to an Australian Federal Police investigation into an alleged $165 million tax evasion syndicate.Read more: Tax, AFP, fraud, ATO, Australian Federal Police, Australian Taxation Office, Andrew Mills, Australian Public Service Code of Conduct, Leanne Close, Michael Cranston, OECD, Serious Financial Crime Taskforce, Sydney Central Local Court
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers.
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million.
Two Blue Sky funds have been rated "unapproved" and "low investment grade" by SQM Research after the manager conceded it had fallen short of shareholder expectations.
The financial advice industry is grappling with a sales culture mentality and is only at the "cusp" of being a "true profession," this morning's session of the Royal Commission has revealed.
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