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Showing 391 - 400 of 792 results for "fraud"

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 ...

Former Wickham CEO pleads guilty to fraud

MARK SMITH  |  FRIDAY, 15 JUL 2016
... of collapsed debenture issuer, Wickham Securities, has pleaded guilty to a string of charges brought by ASIC, including fraud. In a statement the regulator said 50-year-old Garth Robertson of Parrearra on the Sunshine Coast pleaded guilty in the Brisbane ...

SuperGuard360 gives SMSF trustees greater protection

MARK SMITH  |  FRIDAY, 15 JUL 2016
... greater confidence in setting up a self-managed fund by providing an extra layer of protection from financial misconduct, fraud and theft, has been launched by Rainmaker. SuperGuard360 is the first of its kind and helps the clients of SMSF advisers closely ...

Former adviser charged with fraud

KERRIE SYDEE  |  TUESDAY, 5 JUL 2016
A former financial adviser and accountant has been charged with multiple counts of fraud involving approximately $800,000. Satvir Birk, of Reedy Creek, appeared in Southport Magistrates Court charged with five counts of fraud, carrying a maximum penalty ...

Synchron appointment looks to the future

KERRIE SYDEE  |  MONDAY, 20 JUN 2016
... transactions and advisory compliance. Prior to this he was a compliance officer at IFM Investors and a senior compliance officer, fraud prevention officer at National Australia Bank. The appointment will allow director and current compliance manager ...

Advisers beware the uncomfortable truth of the ageing brain

MARK SMITH  |  FRIDAY, 13 MAY 2016
... issues, such as a fear of losing independence." Investors who are experiencing cognitive decline are especially vulnerable to fraud, which can have a devastating effect on their quality of life. Family members often aren't aware their loved ones are ...

ASIC makes two permanent bans

KERRIE SYDEE  |  FRIDAY, 13 MAY 2016
... Nicolai D'Lamartin was permanently banned after it came to ASIC's attention that he had been convicted for numerous counts of fraud and related offences. These included impersonating persons and creating and using false documents to gain a financial ...