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Showing 271 - 280 of 806 results for "Fraud"

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
The Tax Practitioners Board has found 74 tax practitioners to be engaging in "concerning behaviour", including using fraudulent SMSF Auditor Numbers (SANs). In 2019, the ATO started a compliance campaign that involved reviewing SMSF annual returns. ...

From fines to prosecution: The penalties are in

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... applications to super funds for two business days in early May so the Australian Federal Police could investigate cases of fraud. Deputy Treasurer Michael Sukkar had confirmed the AFP was investigating cases of identity theft and emphasised the ATO had ...

Warren Buffett allegedly conned by German company

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... to The Guardian. The newspaper also reports that a German state prosecutor is investigating Wilhelm Schultz for suspected fraud for forging and falsifying documents.

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... between the two parties lasted from mid-2013 to August 2015, when Giam and her son claim to have discovered some of the fraud and broke off the relationship. The proceedings commenced in November 2016. Last October, they were set for 10 days of hearings ...

Super must come together over cybercrime

HARRISON WORLEY  |  THURSDAY, 14 MAY 2020
... officer Michelle Bower has urged the super industry to take a unified approach to dealing with cybercrime, in the wake of fraud attempts on the government's Early Release Scheme. According to Bower, a unified approach will help to protect the industry ...

Compliance crackdown, consultations on horizon: ASX

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... said. "I think that's been relatively successful, because we haven't had anywhere near the level of crypto-related fraud and controversies that other markets have had." Lewis also revealed the ASX's temporary emergency capital raising relief ...

APRA releases fund-level ERS data

JAMIE WILLIAMSON  |  MONDAY, 11 MAY 2020
... paused to allow for enhancement of ATO systems and to assist an Australian Federal Police investigation into instances of fraud. Applications made via the ATO on Friday, May 8 have already been passed on to super funds, Assistant Treasurer Michael Sukkar ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... Australia in publishing dubious calculations about the impacts of early withdrawal will be examined, as will processes to stop fraud." Despite claims by the super sector that funds have ample liquidity to meet early release applications, Wilson will ...

ERS paused as AFP investigates fraud

ELIZA BAVIN  |  FRIDAY, 8 MAY 2020
... said. "It's being investigated by the AFP, but I emphasise, these are not a compromise of ATO systems. These are flat out fraud." Sukkar said that while the applications being sent to funds are paused, they will resume next week to allow time for a proper ...

Early release applications top $9bn

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... have been flagged for extra verification as part of the processes we have in place to keep members' money safe from fraud and money laundering," Rest chief executive Vicki Doyle. "These applications will likely extend beyond the five day period and ...