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Showing 321 - 330 of 794 results for "fraud"

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 ...

Elon Musk charged with securities fraud

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
Elon Musk's tweets about taking Tesla private have seen him charged with securities fraud by the US regulator. The Securities and Exchange Commission is also seeking court approval to stop Musk from serving as an officer or a director of a public company. ...

AAT overrides adviser ban

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
... corporations or operating a business under a business name. Fletcher was convicted twice in 2014 for a number of serious fraud-related offences under the Queensland Criminal Code. A person is automatically disqualified from managing corporations if the ...

AI to transform financial services: Deloitte

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... shared data sets commanding significant value. "There is huge potential for industry collaboration on issues as broad as fraud prevention and anti-money laundering controls, often run inefficiently and ineffectively in the current environment," Lipman ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... tends to go unchecked because perpetrators typically aren't breaking the law. "Illegal exploitations are easier to identify; fraud or theft can generally be found on paper," she said. CBA general manager of group customer relations Catherine Fitzpatrick ...

ClearView defends arrested director

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
... any laws and also stated it will defend Brown in his "vigorous" defence of the charge brought against him. The national fraud and anti-corruption directorate of the Royal Papua New Guinea Constabulary arrested Brown on Monday, charging the NASFUND chief ...

Advisers on scam alert

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Advisers and investors should be "particularly vigilant" of investment scams this time of the year, as scammers prey on people's fear of getting in trouble with the ATO as tax season continues, according to Finder. Australians are now losing $1 million ...

ASIC slams SMSF advice, flags further education reform

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... strategy; and 29% were under the impression that SMSFs had the same level of protection as APRA-regulated funds in the event of fraud. Kell said this is concerning as decisions about super are some of the most important a person can make. "ASIC found ...

Powered by Lloyds and KPMG, insurtech offers cybersecurity insurance

KANIKA SOOD  |  MONDAY, 28 MAY 2018
... insurtech is offering clients protection from cybersecurity concerns such as ransomware, malware and social engineering fraud. Edmund claims to be Australia's first dedicated digital cyber insurance provider or "insuretech" and will cater to small-medium ...