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Showing 391 - 400 of 798 results for "Fraud"

Former adviser receives jail sentence

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
... Darren Wise, formerly of Rhodes New South Wales, pleaded guilty to one count each of forgery and using forged documents fraud. Wise will be eligible for parole after he has served 20 months. The charges related to Wise's conduct between 23 October 1997 ...

ASIC permanently bans jailed adviser

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
ASIC has permanently banned a financial adviser after she was sentenced to imprisonment for fraud and stealing. Queensland based Linda Whelan was permanently banned from providing financial services or engaging in credit activity after she was sentenced ...

Industry can expect significant cyber-attacks: APRA

ALEX BURKE  |  FRIDAY, 7 OCT 2016
... ransomware attacks, "website defacement" incidents and misuse of company social media accounts, as well as internet banking fraud, phishing and malware attacks. APRA said that for the most part, these incidents "appear to have been managed effectively." ...

Fraudulent adviser faces court

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2016
A former New South Wales financial adviser has appeared in court over 19 fraud-related charges brought by ASIC. Following an investigation by the regulator, Gabriel Nakhl faced the Local Court of New South Wales yesterday, accused of engaging in dishonest ...

ASIC bans fraudulent adviser

KERRIE SYDEE  |  FRIDAY, 23 SEP 2016
ASIC permanently banned a financial adviser after he was sentenced and imprisoned for fraud charges. Sandeep Madhoji is permanently banned from providing financial services or engaging in credit activity following the successful prosecution of the Queensland ...

ASIC hands down permanent and four year bans

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
ASIC has permanently banned a company director and has banned an alternative investment manager and director for four years. Steven Hill was permanently banned from engaging in credit activities and providing financial services after an ASIC investigation ...

ASIC bans fraudulent broker

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2016
... organised finance for cars, motorcycles and jet skis on behalf of clients. Farias pleaded guilty to three charges of loan fraud in the NSW Local Court in Sydney's Downing Centre in March, admitting to unlawfully receiving $96,270 in loan funds and $10,349 ...

Storm Financial investor slams court decision

ALEX BURKE  |  MONDAY, 29 AUG 2016
... led up to the court ruling "identified the easy target, and hasn't led to anybody identifying any criminal or premeditated fraud or misappropriation." He added: "If you look back to 2007, Storm was going to IPO. ASIC did due diligence and gave Storm ...

ASX blockchain move defensive: Professor

DARREN SNYDER  |  TUESDAY, 9 AUG 2016
... that blockchain or a distributed ledger technology (DLT) in the ASX's back office would drive down costs and squeeze out fraud and compliance problems that stock exchanges have all over the world. Speaking at the Centre for International Finance and ...

ASIC hands down multiple bans

KERRIE SYDEE  |  WEDNESDAY, 27 JUL 2016
... Mark Grevsmuhl from providing financial services and engaging in client credit activities following multiple convictions of fraud in the Brisbane district court. Grevsmuhl was sentences to 13 and a half years imprisonment after setting up fake superannuation ...