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Showing 321 - 330 of 806 results for "Fraud"

Couple faces prison over ponzi-style scam

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... fans out of more than $800,000 has seen one man convicted on dishonesty charges while his wife is already serving time for fraud offences. Douglas Johnston was found guilty on nine dishonesty charges, brought against him following an investigation by ...

One third of Australians trust robo-advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... led to their mainstream adoption, he added. Despite the groundswell of trust in robo-advice, the Thinque research found fraud was still a key concern for the public when it came to trust in the financial services sector. About 80% of respondents said ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
The prudential regulator's powers have been bolstered thanks to new laws that will enable it to take tougher action on trustees and underperforming funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation ...

Charities and trust: Glass half empty or half full?

KANIKA SOOD  |  TUESDAY, 19 FEB 2019
A recent survey says Australia's trust in non-profits strengthened last year, yet complaints received by the charity regulator are rising. The 2019 Edelman Trust Barometer found 56% of Australians trusted non-governmental organisations to do the right ...

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 ...