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Showing 91 - 100 of 804 results for "Fraud"

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
The Federal Court has made orders to freeze the assets of company director David McWilliams and numerous companies associated with him that offered investment opportunities in purpose-built, NDIS-compatible property development schemes. McWilliams and ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
... initiative represents a united effort to protect Australia's retirement savings from increasingly sophisticated cybercrime and fraud-related risks, ASFA said. "Superannuation is the cornerstone of financial security for most Australians. This work will ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... are still many of us getting caught in the scammer's net, as the data shows," Rao said. "When credit cards are used for fraud, banks are good at alerting us and are often able to stop the fraud very quickly. "Unfortunately, this is not the case with ...

HESTA lowers insurance fees

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... corporate behaviour score of less than one, in addition to engaging in any "severe business ethics controversies" such as fraud, executive misconduct, corruption scandals, money laundering, anti-trust violations, or tax-related controversies.

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
... traded, ASIC said. Iervasi was the sole director of the business throughout the period and was charged in December 2021 for fraud offences. The total net loss to victims is estimated to be about $54 million. He pleaded guilty to the following charge ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
Former financial adviser Ben Jayaweera will spend the next 12 years behind bars after he was found guilty of fraud again. Jayaweera was sentenced in a retrial at the Brisbane District Court yesterday after he was found guilty of 28 counts of fraud amounting ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
A former financial adviser who won a retrial after being convicted of fraud in 2019 has once again been found guilty of misleading clients to invest their retirement savings in a single abalone farm that went bust. Former Brisbane financial adviser ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... Of those, 18 were cases of sexual harassment or other sex-based harassment, two were a result of bullying, 41 were around fraud or theft and 2198 were a result of "breach of role expectations, policy or process". Out of the thousands of cases of misconduct ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... multi-factor authentication to reduce the risk that members might lost money from their super accounts through scams and other fraud. Gray said AFCA was aware of an instance where a person known to the member used their personal information to take money ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
... due to their sophistication. "We urge super fund trustees to review the steps they have in place to protect members from fraud. The fact that scam and unauthorised transaction complaints in super are still low means there's a window of opportunity for ...