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Showing 231 - 240 of 258 results for "Scam"

ASIC plays educator on the radio

The Australian Securities and Investments Commission (ASIC) has launched a six part radio series, Your Money, designed to help consumers distinguish genuine financial opportunities from scams. "Consumers are often dazzled by offers of high returns from ...

Banks under growing IT security threat: Deloitte

Financial institutions need to get serious about their IT security after the latest Deloitte Global Security Survey found that more than three-quarters of the world's leading 150 finance groups suffered a serious security breach in the last 12 months. ...

ASIC charges four over margin lending scam

HAMISH MADDEN  |  WEDNESDAY, 7 JUN 2006
Four people have been charged by the Australian Securities and Investments Commission (ASIC) regarding unlawful and misleading conduct which resulted in Sydney investors taking out and subsequently defaulting on Macquarie Bank Margin Lending loans. ...

ASIC releases 'too good to be true' calculator

The Australian Securities and Investments Commission (ASIC) has released yet another online calculator to help investors double-check whether the returns that service providers promise them are the real deal or too good to be true. "Understanding the ...

FPA and ASIC warn consumers to defend against fraudsters

The Financial Planning Association (FPA) has warned Australians to check that their adviser is licensed, while the Australian Securities and Investments Commission (ASIC) has launched a free e-newsletter to arm investors with information about fraudulent ...

Action against illegal investment schemes on the rise

The Australian Securities and Investments Commission (ASIC) has revealed the past financial year has witnessed a 25 per cent increase in actions to shut down illegitimate investment schemes. The regulator closed down 76 illegal investment schemes during ...

CSS fraudsters appear in court

AAP  |  THURSDAY, 18 AUG 2005
... not to contact each other, to surrender their passports and to report daily to police. Two others charged over the alleged scam, Jian Ping Wang and Jian Hua Chen, both 39, have been remanded in custody to face the same court on August 23. The court was ...

Auscoal suffers theft of $1.6 million

AAP  |  THURSDAY, 26 MAY 2005
... involvement at all," he said. "We believe it's entirely external and we also have reason to believe that a similar sort of scam or frauds have been attempted with other entities as well." Mr Hickey said the bulk of Auscoal's contributions came from electronic ...

Former financial adviser imprisoned

... after he pleaded guilty to five charges of obtaining a financial advantage by deception. Mr Street was involved in a Nigerian scam where he invested over $1 million of client's funds in the expectation of receiving US$65 million in return. Between September ...

Beware the cold calling con artist

... The scams also have a second tier where people posing as lawyers or investigators further deceive victims of the original scam by offering to track down and retrieve lost monies from the original offer for a fee. ASIC director of consumer communication ...