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Showing 11 - 20 of 32 results for "Fraudsters"

Cyber training is advice value-add: AUSTRAC

DARREN SNYDER  |  THURSDAY, 12 OCT 2017
... even be family member or relative," Saxena said. He believes superannuation is one area ready to be highly targeted by fraudsters and hackers. The chief risk officer also detailed how people with multiple accounts with multiple energy providers, telcos ...

Education key in combatting elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2017
... "Already this year, the ATO has registered over 17,067 scam reports. Of these, 113 Australians handed over $1.5 million to fraudsters with about 2500 providing some form of personal information, including tax file numbers." Anderson said scammers locate ...

Expert issues cyber-attack warning

MARK SMITH  |  MONDAY, 25 MAY 2015
... takeover and identity fraud," she said. "Faster movement of funds means less time to investigate suspicious activity." Fraudsters are using the US and UK infrastructure to move payments quickly through multiple accounts to avoid detection. Australian ...

Crime survey finds fraud rife in Australia

PETRINA BERRY, AAP  |  THURSDAY, 5 JUN 2014
... external crime, including cyber attacks and theft, in the past two years compared to 47 per cent two years ago. Internal fraudsters were increasingly from middle management - 65 per cent in 2014, compared to 45 per cent in 2012 - and aged between 31 ...

ASIC charges against new wave of boiler room scams

ELISE BURGESS  |  MONDAY, 6 FEB 2012
... involving the purchase of shares or investment in index funds or currency trading schemes. Once an investment is made, the fraudsters provide access to a website that shows projected returns however those returns are completely fraudulent. The court ...

Dob in a fraud: CalPERS

RUTH LIEW  |  THURSDAY, 16 SEP 2010
... a fraud activity at your super fund? Members of the US' largest public pension fund CalPERS can now complain about fraudsters following the launch of an ethics helpline. The helpline will enable the pension fund to receive tips, concerns and information ...

Investment managers gain fraud insurance

MICHAEL HOBBS  |  FRIDAY, 7 MAY 2010
Investment managers can insure the rogue traders or internal fraudsters after a local firm launched its suite of insurance products for financial services providers. Zurich Financial Services (Australia) launched two insurance options to the market ...

More SMSFs comply with ATO rules

MICHAEL HOBBS  |  THURSDAY, 18 FEB 2010
... Regulation Authority (APRA) Funds is also a major concern. The ATO recently enhanced the SMSF registration process to catch fraudsters before they access funds, he said. "We're looking for more evidence upfront that shows the fund is being set up for ...

Improving admin could stop fraudsters: SPAA

MICHAEL HOBBS  |  THURSDAY, 26 NOV 2009
Self managed super fund (SMSF) administration processes need to be refined to ensure fraudulent rollover schemes are detected and stopped, according to one industry body. Andrea Slattery, chief executive at the SMSF Professionals Association of Australia ...

FBI hunts down bank fraudsters

RUTH LIEW  |  FRIDAY, 9 OCT 2009
The US has teamed up with Egypt in one of the largest crackdowns on cyber fraud - resulting in 100 people linked to an international "phishing" operation charged for trying to defraud American banks. According to a press statement from the Federal Bureau ...