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Showing 11 - 20 of 31 results for %22Trio Capital fraud%22

Aussie super, a tempting catch for organised crime

LAURA MILLAN  |  WEDNESDAY, 31 JUL 2013
... schemes established and promoted by organised crime," it said. "Organised crime involved in frauds such as the Trio Capital fraud has access to very specialised professional advisers who monitor changes in the environment, and develop strategies and ...

Opposition challenges Labor to review Trio fraud

JAMES FERNYHOUGH  |  WEDNESDAY, 3 JUL 2013
... Superannuation Mathias Cormann has called on new Treasurer Chris Bowen to review the Gillard government's response to the Trio Capital scandal. Described as the "largest superannuation fraud in Australian history", the Trio theft saw more than 6,000 ...

Opposition and VOFF criticise response to Trio report

LAURA MILLAN  |  MONDAY, 29 APR 2013
... government's response to the reports by the Parliamentary Joint Committee and Richard St. John on the collapse of Trio Capital. Shadow minister for Financial Services and Superannuation Mathias Cormann said the the government's reaction to the reports ...

VOFF slams MP response Trio Capital fraud

MARK SMITH  |  THURSDAY, 14 FEB 2013
... Victims of Financial Fraud (VOFF) has criticised member for Thornsby Stephen Jones over his response to the Trio Capital fraud. Jones said in a WIN News interview on 11 February that he intends to present a Private Members Bill to Federal Parliament ...

Keep chasing architects of Trio collapse: Agencies

BEN COLLINS  |  FRIDAY, 8 FEB 2013
... A joint parliamentary committee yesterday urged enforcement agencies to keep chasing the perpetrator of the Trio Capital Fraud. Some $176 million was lost or went missing following the collapse of Trio in late 2009 - the largest superannuation fraud ...

Trio Capital action group to put forward Federal Candidate

BEN COLLINS  |  TUESDAY, 22 JAN 2013
... Jones, as a result of the Gillard Government's alleged unfairness in awarding compensation in the wake of the Trio Capital Fraud. VOFF was formed in February last year and primarily represents victims of the Trio Capital fraud in the Illawarra region. ...

New hedge fund rules for post-GFC environment

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
... yesterday, ASIC commissioner Greg Tanzer said the rules had been strongly influenced by the $176 million collapse of Trio Capital, where money was invested in two hedge funds and then siphoned offshore. ASIC clarified its definition of hedge funds as ...

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
... not adequately disclosed, they were a reimbursement for joint advertising costs shared with Astarra, later known as Trio Capital, with the panel finding that they did not encourage the Seagrims to place clients into the Astarra-managed funds. "They committed ...

Trio fraud victims demand compensation

ALEX DUNNIN  |  THURSDAY, 5 JUL 2012
... known as Victims of Financial Fraud (VOFF) said all fraud victims should be compensated by the government. "In the Trio Capital case, VOFF are demanding compensation for all without discrimination, paid by the government," he said. Telford rejected as ...

PJC blasts Trio follow-up

MELANIE TIMBRELL  |  WEDNESDAY, 16 MAY 2012
... Services has expressed strong concern over lack of follow-up from regulators and criminal authorities in the wake of the Trio Capital collapse. In the report on the largest superannuation fraud in Australian history, costing investors $176 million in ...