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Showing 251 - 260 of 817 results for "fraud"

AUSTRAC releases guidance on wildlife trafficking

ALLY SELBY  |  MONDAY, 12 OCT 2020
... are also often involved in other organised criminal activities that impact our community, such as identity and financial fraud." The financial crime guide aims to educate the businesses AUSTRAC regulates to help them detect suspicious financial activity ...

Adviser sentenced to eight years' prison

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
... said the admission came during the Royal Commission and that perhaps Dick felt he would no longer be able to keep up his fraud. Synchron's compliance manager then flew to Townsville, where Dick was based, eventually escalating the issue to the police. ...

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
The Tax Practitioners Board (TPB) has terminated the company registration of Sydney-based tax agent after she attempted to exploit a COVID-19 stimulus measure for over $20,000. The TPB determined TLL Tax Pty Ltd and its director Liying Tong breached ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
... interstate or foreign commerce through a pattern of racketeering activity", as well as "one count of conspiracy to commit wire fraud affecting a financial institution, bank fraud, commodities fraud, price manipulation and spoofing; one count of bank ...

Microcap manipulators caught out

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
A ring of microcap share manipulators have had their assets frozen by the Securities and Exchange Commission after procuring US$9 million in illegal profits by defrauding retail investors. The SEC alleged in a complaint that between 2013 and 2017 Ongkaruck ...

CSIRO contractor in crypto scam

ELIZABETH MCARTHUR  |  MONDAY, 21 SEP 2020
A CSIRO contractor has been sentenced over fraudulent behaviour after he used the organisation's servers and supercomputers to carry out cryptocurrency mining. He was caught out after the CSIRO noticed serious impairment of its computing infrastructure ...

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... CoinSpark, two companies controlled by Felton that conducted the cryptocurrency offerings with violating registration and anti-fraud provisions. All individuals involved in the fraudulent offering have agreed to settlements to resolve charges brought ...

Sydney tax professional jailed

ELIZA BAVIN  |  MONDAY, 7 SEP 2020
A tax professional has been sentenced to one year and eight months jail, having pleaded guilty to lodging false income tax returns and amendments without his clients' knowledge. Hussain Nazeer admitted guilt for dishonestly causing a loss to the Commonwealth ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... luxury retailer Neiman Marcus Group. The Securities and Exchange Commission has charged Daniel Kamensky with violating anti-fraud provisions, with the regulator seeking both a permanent injunction and civil penalties in the federal district court in ...

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
A former financial adviser based on the Sunshine Coast has been charged with 10 counts of fraud, totaling nearly $1 million. Brett Andrew Gordon faced Maroochydore Magistrates Court over the fraud charges following an extensive ASIC investigation. Gordon ...