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Showing 361 - 370 of 792 results for "fraud"

ASIC advances towards telecommunication intercept powers

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
... materials, seized by another government agency, in cases of alleged insider trading, market manipulation and financial services fraud. The new powers, outlined in the ASIC Enforcement Review Taskforce position paper, are hoped to boost the regulators ...

Police charge man with super fraud

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2017
A Sydney man allegedly involved in a $1.8 million fraudulent superannuation scheme will face court today. NSW police charged the 47-year-old man with 20 counts of deception and dishonestly taking financial advantage; seven counts of using false documents ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
FoFA reforms protecting consumers against conflicting remuneration structures when purchasing wealth products should be broadened to retail banking consumers as well, according to the Finance Sector Union. Speaking at yesterday's Senate inquiry into ...

Man posing as financial adviser charged

EMMA RAPAPORT  |  WEDNESDAY, 28 JUN 2017
... refused bail and will appear at Central Local Court today where police will alleged the funds had been used for gambling. The fraud offences have been valued at approximately $750,000. The arrest follows the establishment of Strike Force Penwell late ...

Personal security concerns reach new high: Unisys

EMMA RAPAPORT  |  THURSDAY, 22 JUN 2017
... Australians are extremely or very concerned about unauthorised access to, or misuse of, personal information. Bank card fraud: 55% of Australians are similarly concerned about other people obtaining or using their credit/debit card details. To best protect ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
... explained: "The associates of these corrupt 1MDB officials are alleged to have used some of the illicit proceeds of their fraud scheme to fund the production of The Wolf of Wall Street, a movie about a corrupt stockbroker who tried to hide his own illicit ...

Education key in combatting elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2017
Financial advice practices will be able to equip staff with greater knowledge and understanding around identifying and preventing elder financial abuse through a selection of new education and training materials. Protecting Seniors Wealth has launched ...

Labor fights phoenix fraud

EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
The Federal Opposition is acting to protect employees and small businesses from phoenix activity through a package of proposed reforms. The package will see the granting of new enforcement tools for the Australian Securities and Investments Commission ...

Senior ATO official tangled in $165m fraud scandal

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
... for their own personal gain, channelled through an elaborate series of companies and trusts. "The scale of this alleged fraud is unprecedented for the AFP; the response from our members yesterday is a direct response to the level of offending that we ...

AUSTRAC launches tool to help advisers fight terrorism

ALEX BURKE  |  TUESDAY, 2 MAY 2017
... and analysing client information, which may reveal inconsistent or altered documentation; unexplained wealth; Centrelink fraud; or company/trust structures with unclear beneficiaries. Other red flags could appear during the provision of advice: the client ...