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Showing 251 - 258 of 258 results for "Scam"

ASIC warns investors against illegal cold calling scams

The Australian Securities and Investments Commission (ASIC) today warned that illegal international 'cold callers' are renewing attempts to swindle Australian investors. "As overseas markets have recovered, ASIC is receiving increasing public complaints ...

Morningstar retains weak rating for AXA's international 'growth-style' equity portfolio

Ratings agency Morningstar has opted to leave AXA/Alliance Capital's international growth-style equity strength rating unchanged at two out of five, despite the resignation of two Alliance directors and an admission from Alliance it was likely to face ...

Petroulias to stand trail after appear decision

AAP | FRIDAY, 3 OCT 2003

... Appeal today overturned a decision to quash the charges against Petroulias, who was arrested on March 24, 2000 for an alleged scam said to have cost the government $20 million in lost revenue. During his marathon 36-day committal hearing last year, Petroulias ...

ASIC to hold investor forums in Australia

Fresh from announcing legal action against property promoter Henry Kaye, and the successful conviction of former Adelaide financial adviser Hamish McLachlan, the Australian Securities and Investments Commission (ASIC) is to hold a series of free investor ...

ASIC blacklists Florida-based company named Aragon, warns investors

... between 1999 and 2001 Australians lost over $400 million to unlicensed overseas share brokers who ran a sustained telemarketing scam targeting Australians. "We can't say it strongly enough - if you want to invest your money, we urge you to do it only ...

POF posts $92.5 million net profit

Takeover target Principal Office Fund (POF) said the Australian office market would begin to stabilise after its 2002/03 profit was hit by falling demand. POF posted a net profit of $92.5 million for the year ending 30 June 2003, down 6 per cent from ...

Principal appoints Ben Aiken to replace Tim Russell

The Principal Office Fund has appointed Ben Aiken to director of capital transactions to replace the departing Tim Russell, it has announced. "We are advanced in our recruiting drive for an additional asset manager. On appointment, and after an appropriate ...

ASIC permanently bans Victorian financial adviser

... clients and had apparently sent some of those funds overseas to individuals or entities connected with a Nigerian letter scam. The money has not been recovered. Under the enforceable undertaking, Street agreed that he would not provide any financial ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

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