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Showing 311 - 320 of 792 results for "Fraud"

ClearView director dismissed of charges

KANIKA SOOD  |  MONDAY, 14 JAN 2019
... officer for PNG's National Superannuation Fund (NASFUND). On 30 July 2018, Brown was arrested and charged by the National Fraud & Anti-Corruption Directorate of the Royal Papua New Guinea Constabulary. The police laid charges for one count of conspiracy ...

AustralianSuper members exposed to security breach

KARREN VERGARA  |  TUESDAY, 1 JAN 2019
... planners and other outsourced providers increases the range of potential attack points cyber criminals can target and commit fraud, without the fund itself directly having visibility, the report said.

Sydney fintech sells for $339m

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... application program interfaces (APIs). The model can be integrated into services such as customer relationship management (CRM), fraud detection, risk, identity verification and analytics platforms - meaning banks can accelerate their speed to market ...

Celebrities cop $1m crypto fine

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
Boxing giant Floyd Mayweather and music producer DJ Khaled have become the first people to be charged by the US Securities and Exchange Commission for the unlawful promotion of initial coin offerings. Floyd Mayweather and DJ Khaled - real name Khaled ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
The $48 billion industry super fund is backing the introduction of director identification numbers (DINs) to stop company directors from fraudulently escaping superannuation obligations to workers. The construction industry is the "highest represented" ...

Beware the fintech Ponzi scheme

MICHELLE BALTAZAR  |  FRIDAY, 26 OCT 2018
Not to rain on the fintech parade but financial advisers and investors in Australia must stay alert against Ponzi schemes posing as P2P platforms. In a paper released by the SWIFT Institute titled "Quo Vadis? A comparison of the fintech revolution in ...

Pension fund manager siphons $2m

JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
The interim head of pensions and investments at an international pension fund was convicted of fraud after he abused his position and stole close to $2 million in retirement savings. Former Westminster City Council pension fund manager Ian Woodall was ...

Ban Dollarmites: Spot poll

KARREN VERGARA  |  MONDAY, 15 OCT 2018
Banks should be banned from pedalling financial products in schools, Financial Standard's latest spot poll shows. More than half (53%) of readers agree that CBA's Dollarmites program and any other financial products promoted in schools by financial ...

CBA fires up over Dollarmites criticism

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
Commonwealth Bank has responded to widespread criticism of its longstanding Dollarmites program. Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 years. ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
SMSF stock darling Tesla Inc. is set to see a board revamp after Elon Musk settled a tweet-led securities fraud charge with the US corporate regulator. Last week, the Securities and Exchange Commission charged Musk with securities fraud over his August ...