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Showing 141 - 150 of 350 results for "Investigations"

Another sentenced in ATO fraud

ELIZA BAVIN  |  MONDAY, 3 AUG 2020
... the payroll services company, Plutus Payroll, and one of the architects of the fraudulent scheme. AFP commander investigations eastern command Kirsty Schofield said Operation Elbrus has involved years of dedicated work for investigators. "Taxation fraud ...

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... Westpac has been notified by AUSTRAC that it may amend its statement of claim to include allegations arising from its investigations into these TTR issues." Westpac is expected to cough up a $1.5 billion penalty over the breaches arising from the AUSTRAC ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... Operation Elbrus. Hammond's sentencing marks the fourth sentencing outcome for the operation. AFP commander investigations eastern command, Kirsty Schofield, said investigating complex fraud matters requires dedication, tenacity and an ongoing commitment ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... APRA has delegated some of its enforcement powers to the corporate watchdog, as the two agencies continue their investigations into AUSTRAC's allegations against Westpac. To limit any overlap, the prudential regulator will hand over responsibilities ...

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... about $162 million) to contact them by June 5 if they want to fund a deeper dig into the company, including public investigations of its directors. Their call came as the liquidators had identified a potential insolvent trading claim. Wexted did not ...

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... and Access) Act in February this year the regulator can receive intercepted information for the purpose of its investigations. Prior to this, ASIC could not receive any intercepted information for the purpose of aiding its investigations. The intercepted ...

38 staff punished over AUSTRAC scandal: Westpac

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
Westpac has confirmed 38 staff copped a range of remuneration consequences as a result of the bank's investigations into the AUSTRAC scandal. In a statement, the bank confirmed it should have recognised the faults in its systems earlier. "The report ...

Sargon liquidators want to dig deeper

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... has asked Sargon's creditors, of which there are 23, to contact them by June 5 if they want to fund further investigations into the company. "In the event creditors do not wish to fund the liquidator's investigations, we may seek litigation funding ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... Mathew Keeley as managing director and Peter Savage as chief executive of Grow Admin. Strike Force Mirrabei's investigations into the matter are ongoing.

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... consistently failed customers. "As a result of the widespread failings in CCI we identified last year, ASIC has investigations underway and has secured a significant program of remediation for consumers," she said. "Over $160 million will be back in ...