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Showing 121 - 130 of 192 results for "Scam"

Expert issues cyber-attack warning

MARK SMITH  |  MONDAY, 25 MAY 2015
The incoming New Payments Platform will leave financial institutions, including super funds and wealth managers, vulnerable to cyber criminals unless they upgrade their security, a fraud and cyber-crime expert has warned. Similar to the UK's Faster ...

DeVere helped US press expose investment fraud

ALEX BURKE  |  WEDNESDAY, 25 MAR 2015
Global adviser group deVere provided evidence of what a spokesperson described as "one of the largest financial scams in history" to a US-based investigative news service. DeVere, which has recently been expanding its Australian operations, worked with ...

ASIC: Beware fake forex website

MARK SMITH  |  TUESDAY, 16 SEP 2014
... searching ASIC's website. ASIC's MoneySmart website also provides information for consumers about how to identity a loan scam. ASIC said there are a number of tell-tale warning signs to look out for. These include requests to transfer money upfront to ...

Consumers reluctant to use online advice

LAURA MILLAN  |  WEDNESDAY, 23 APR 2014
Consumers do not trust online advice and still prefer to meet their financial planner face to face. A Financial Services Council (FSC) research into consumers' digital engagement with superannuation and wealth management found that only 13% of Australians ...

Finance broker pleads guilty to car scam identity theft

STAFF WRITER  |  FRIDAY, 28 MAR 2014
A former finance broker has admitted to stealing the identities of former clients so she could buy two cars, sell them to acquaintances and keep the cash from the sale. Riyanka Puteri Shiraz, of Canterbury, New South Wales, appeared before Sydney's ...

ASIC funding in spotlight after annual report release

LAURA MILLAN  |  THURSDAY, 31 OCT 2013

ASIC acted only when claims hit "tsunami level"

LAURA MILLAN  |  MONDAY, 21 OCT 2013
... complaints remained buried in the archives" and "it was only when the volume of complaints and losses about a particular scam reached tsunami level, or investors with losses contacted a member of parliament, or triggered a media inquiry that ASIC seemed ...

Industry funds 'treat us like dirt': COSBOA

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
The Council of Small Business Australia (COSBOA) has welcomed the Government's decision to grant small businesses access to the Superannuation Complaints Tribunal (SCT). COSBOA executive director Peter Strong said this would give small businesses a ...

Scam artists impersonate ASIC and MoneySmart

JAMES FERNYHOUGH  |  WEDNESDAY, 24 JUL 2013
Consumers are being warned to be wary of scam artists impersonating representatives of the Australian Securities and Investments Commission (ASIC) and MoneySmart. ASIC said the confidence tricksters are calling up from offshore telling unsuspecting ...

MoneySmart list of unlicensed companies approaches 700

MARK SMITH  |  FRIDAY, 17 MAY 2013
... the increasing risk scammers pose to ordinary mum and dad investors. "As much as we would like to, ASIC can't stop every scam before it happens, especially those based outside of Australia. What we can do is educate investors and make them aware of steps ...