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Showing 471 - 480 of 807 results for "Fraud"

Former finance broker convicted for fraud

STAFF WRITER  |  THURSDAY, 29 MAY 2014
A former finance broker has been convicted of two fraud charges, following an investigation from the Australian Securities and Investments Commission (ASIC). Riyanka Puteri Shiraz, of Canterbury, New South Wales, admitted to using the identities of ...

NAB and ABS employees arrested for insider trading fraud

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
A National Australia Bank (NAB) employee and a public servant working for the Australian Bureau of Statistics (ABS) have been arrested in a case of insider trading. They will appear this afternoon in front of the Magistrate Court in Canberra and in ...

New reports to stir financial planning perfect storm

LAURA MILLAN  |  MONDAY, 5 MAY 2014
... end of May. The inquiry looked into ASIC's performance when dealing with allegations of poor advice, document forgery and fraud within Commonwealth Bank's financial planning unit. Read all Financial Standard coverage of the ASIC inquiry here

ASIC admits wrongdoing in Senate hearing

LAURA MILLAN  |  FRIDAY, 11 APR 2014
... Senate hearing. The hearing focused on ASIC's performance in dealing with allegations of poor advice, document forgery and fraud within Commonwealth Bank's financial planning unit. ASIC commissioner Peter Kell admitted that "it took us too long to move ...

CBA promoted Nguyen to keep him away from clients

LAURA MILLAN  |  THURSDAY, 10 APR 2014
... Commission (ASIC) has heard that the Commonwealth Bank (CBA) promoted financial planner Don Nguyen, despite allegations of fraud. Speaking at the inquiry Commonwealth Bank (CBA) wealth management group executive Annabel Spring said:A "In this more senior ...

Front-runners

BENJAMIN ONG  |  MONDAY, 7 APR 2014
... cares! I would. For this is basically what HFT is - frontrunning and skimming. Front running and skimming is systematic fraud, plain and simple... and legalised fraud brings distrust. ASIC chairman Greg Medcraft says it best when he told theA Australian ...

Finance broker pleads guilty to car scam identity theft

STAFF WRITER  |  FRIDAY, 28 MAR 2014
... Canterbury, New South Wales, appeared before Sydney's Downing Centre Local Court on 25 March 2014 and pleaded guilty to two fraud charges. She faces a maximum penalty of 10 years imprisonment for each charge. The fraud occurred between December 2011 ...

Sinodinos rules out LRBA review for SMSFs

ALICE URIBE  |  WEDNESDAY, 19 FEB 2014
... regulation, you can't prevent another financial collapse occuring. We can't guarantee another collapse whether it be the GFC or fraud, we can encourage best possible advice and then it's up to the market."

Compensation opposed for SMSFs: SPAA

HARRY PAGE  |  FRIDAY, 7 FEB 2014
... retirement income outcomes." However, it is a misconception to believe that SMSFs don't receive compensation when theft or fraud occurs according to Slattery. "Although SMSFs don't have access to compensation under the Superannuation Industry (Supervision) ...

Tarrant appeals AAT banning order

LAURA MILLAN  |  FRIDAY, 24 JAN 2014
... from providing financial services for seven years. Tarrant was sued by about 100 investors in the case of the Trio Capital fraud for ushering clients into the scheme. On January 8th, the AAT affirmed the Australian Securities and Investments Commission ...