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Showing 301 - 310 of 343 results for "Crime"

AVG targets hacker behaviour

MICHAEL HOBBS  |  TUESDAY, 31 MAR 2009
... should look at behavioural technology and website pre-scanning as key tools in their fight against identity theft and cyber crime, according to IT security firm AVG. Global internet security firm has added another feature to its software where it constantly ...

Advisers caught for market manipulation

MEDIA RELEASE  |  TUESDAY, 17 FEB 2009
Two former client advisers have been found guilty of market manipulation following ASIC investigations. According to a statement by the Australian Securities and Investments Commission, Rocco Musumeci and Richard John Wade were yesterday handed custodial ...

FBI sting catches $2.4bn mortgage fraud

The US Department of Justice and Federal Bureau of Investigation (FBI) swooped down Wall Street after charging more than 400 individuals for mortgage-related fraud and booked two ex-Bear Stearns hedge fund managers with conspiracy and securities fraud. ...

Algos trap rogue traders

RUTH LIEW  |  THURSDAY, 17 APR 2008
... orders and developing investment strategies - but the technology is now gaining traction as a way to catch white collar crime. According to John Bates, founder and general manager of Progress Software's Apama division, algorithmic trading has taken the ...

Doja faces jail time

RUTH LIEW  |  MONDAY, 31 MAR 2008
Former Sydney financial adviser Tunde Doja was last Friday sentenced to a minimum of three years and eight months imprisonment in the Sydney District Court following an investigation by the Australian Securities and Investments Commission (ASIC) into ...

Web 2 social networking websites under attack

MICHAEL HOBBS  |  THURSDAY, 7 FEB 2008
... trust of their participants." Obluk said while government authorities are enforcing tougher penalties on Internet or virus crime, it was unlikely to deter cyber criminals. "There's little reason for us to believe that laws against criminal behaviour ...

Streetwise $26m fraudster awaits sentence

Ten months after his arrest in the US, disgraced Streetwise property developer Kovelan Bangaru has finally appeared in court last week to face charges of misappropriating more than $26 million in investor funds. Bangaru pleaded guilty to 11 offences ...

ASIC charges Fundamental adviser

MICHAEL HOBBS  |  THURSDAY, 31 JAN 2008
... relating to the value of their investments over a 14 month period. The Rose Bay adviser also faces two charges under the NSW Crime Act for making "false instruments regarding the buying and selling of share contract notes" for an investor. Braun is scheduled ...

Biometrics to curb ID theft

... surveyed were positive overall about the benefits of biometrics in tackling ID fraud. "Identity theft is a rapidly growing crime and improvements in the fight against it will resonate with a lot of people," said Best. Stamping out ID theft is on the ...

Super funds hunting grounds for criminals

Super funds are increasingly becoming the target of organised crime and white-collar fraudsters, according to Peter Morris, director of KPMG Forensic. Speaking at the Conference of Major Superannuation Funds (CMSF), Morris said super funds are becoming ...