Search Results | Showing 11 - 20 of 249 results for %22Victims%22 |
| | ... expected to be paid within 30 days of receiving an invoice. A second instalment will be due in July 2024. Under the scheme, victims of financial misconduct will be eligible for payments up to $150,000. "We are pleased to announce this important milestone ... |
| | | ... agreement, while 6% of cases progressed to a formal decision. Since launching, it has also worked with more than 16,500 victims of scams and more than 7500 people affected by natural disasters, excluding COVID-19. |
| | | ... more than $520,000 from six investors, including three First Nations investors from rural New South Wales. He misled the victims by promising that their funds would be invested in property developments, however, only a small portion was invested accordingly. ... |
| | | While there are good indications that Melissa Caddick's victims will recoup most of their funds, the lawyer spearheading the latest class action believes that SMSF clients should get all their money back. Michael Chapman, a director at Melbourne-based ... |
| | | ... the board of the CSLR. Rickard will take up the role in January. "The CSLR will play a very important role in helping victims of financial misconduct access redress and I very much look forward to contributing to this important work," Berry said. Meanwhile ... |
| | | ... firms resolve their differences," he said. AFCA reported that, since launching, it's worked with more than 16,500 victims of scams and more than 7500 people affected by natural disasters, excluding COVID-19. Further, it's helped more than 30,000 ... |
| | | A new class action led by victims of Melissa Caddick alleges that auditors of their self-managed superannuation funds failed their jobs to detect fraudulent activities. Twenty-four victims, together with the help of Melbourne-based law firm Mackay Chapman ... |
| | | ... 10 October 2014 and 9 January 2019. The hearings revealed that Nugara had pre-existing relationships with many of the victims. "These victims describe how you would lull them into a false sense of security, with one victim in particular noting how you ... |
| | | ... up with the Commonwealth Bank (CBA). Nugara had access to the SMSF accounts to make property investments. Some of the victims were unaware that he had such access. Nugara would then transfer money from these SMSF accounts into his personal accounts. ... |
| | | ... case study of poor liquidity management. The fund's administrator Link Group recently settled with the FCA to compensate victims. When it comes to liquidity stress testing, a wide variety of methods are in use. Some methodologies were insufficient to ... |
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