Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1371 - 1380 of 1614 results for "Investigation"

FBI sting catches $2.4bn mortgage fraud

The US Department of Justice and Federal Bureau of Investigation (FBI) swooped down Wall Street after charging more than 400 individuals for mortgage-related fraud and booked two ex-Bear Stearns hedge fund managers with conspiracy and securities fraud. ...

Adviser goes to jail for $1.5m fraud

RUTH LIEW  |  THURSDAY, 29 MAY 2008
... adviser Antonio Pisano of Maddington, was yesterday sentenced to four years and eight months imprisonment following an investigation by the Australian Securities and Investments Commission (ASIC). According to ASIC, Pisano will serve a minimum of two ...

Research and rating firms welcome Govt review

MICHAEL HOBBS  |  FRIDAY, 23 MAY 2008
... undertook a review in light of the issues that had come out of the US. The ASIC/Treasury review team has begun its investigation and is expected to report to the government within six months.

Ex-Westpoint adviser faces charges

MICHAEL HOBBS  |  WEDNESDAY, 14 MAY 2008
... promissory notes without an Australian services licence (AFSL). Rowntree caught the attention of the regulator during its investigation into the collapse of the Westpoint Group of Companies and it had received public complaints. The matter returns to ...

$500k fraudster gets jail time

RUTH LIEW  |  MONDAY, 12 MAY 2008
... years jail with a two-year non-parole period following an Australian Securities and Investments Commission (ASIC) investigation. On 7 April 2008, Sellers, 32, pleaded guilty to 16 charges of dishonestly using his position as a designated trading representative ...

Adviser gets community service

RUTH LIEW  |  MONDAY, 14 APR 2008
... District Court to 250 hours community service following an Australian Securities and Investments Commission (ASIC) investigation into Progressive Investment Securities (Progressive) and Capital Investments Group (Aust) Pty Ltd (CIG). Zareei pleaded guilty ...

Sherry withdraws from Lift inquiry

MICHAEL HOBBS  |  MONDAY, 14 APR 2008
... investments with the embattled firm. Sherry informed the acting Prime Minister that he would play no further role in the investigation after the possible conflict of interest came to his attention on Friday last week. As a result, the treasurer will ...

Adviser charged on $48k theft

RUTH LIEW  |  WEDNESDAY, 2 APR 2008
... two years after pleading guilty to stealing $48,000 from a former client. The sentence was the result of a joint investigation conducted by the Australian Securities and Investments Commission (ASIC) and the Western Australia Police Major Fraud Squad. ...

Doja faces jail time

RUTH LIEW  |  MONDAY, 31 MAR 2008
... Friday sentenced to a minimum of three years and eight months imprisonment in the Sydney District Court following an investigation by the Australian Securities and Investments Commission (ASIC) into Progressive Investment Securities and Capital Investments ...

FSA changes practices after Northern Rock

MICHAEL HOBBS  |  FRIDAY, 28 MAR 2008
... UK based Financial Services Authority (FSA) has overhauled its staffing and reviewing methods after an internal investigation found it failed to properly review Northern Rock's liquidity crisis. In February, Newcastle-based Northern Rock sought financial ...