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Showing 511 - 520 of 792 results for "fraud"

Adviser faces court on 22 charges

LINDA HAUSKEN  |  THURSDAY, 13 SEP 2012
Former WealthSure financial adviser, Brian William Veitch has appeared in court on 22 fraud charges, after he allegedly fraudulently transferred funds totalling $500,000 from seven client accounts without their knowledge or authority. These charges ...

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
... five percent to 10 per cent of Seagrims superannuation clients' reinvested funds were lost as a result of the Astarra's fraud, said the ATT. Capital lost had been reimbursed to the Seagrim's Superannuation funds through the government-funded compensation ...

Gonski calls for NFP director liability review

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
A safe-harbour provision for board directors of not for profit organisations should be of prime concern for the Australian Charities and Not-for-profits Commission (ACNC), David Gonski told an industry event yesterday. Speaking at Philanthropy Australia's ...

Investment banking scale down: Barclays

BEN COLLINS  |  MONDAY, 3 SEP 2012
... executive Bob Diamond, who resigned in July over the Libor rate-rigging scandal. Barclays also revealed last week the Serious Fraud Office was probing payments made to Qatar Holding, which it tapped for funds at the height of the 2008 global financial ...

Barclays announces new CEO amid new investigation

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
... head of retail and business banking Anthony Jenkins new chief executive, just one day after the announcement the Serious Fraud Office (SFO) had launched an investigation into a 2008 deal with Qatar's sovereign wealth fund. Jenkins has been brought in ...

ASIC issues crowd funding guidance

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
... dog said these include doing background and credentials checks on project creators to help minimise the opportunity for fraud. "Website operators can also manage this risk by assessing the viability of the project before it is posted on their website ...

Regulators on post-Trio watch

BEN COLLINS  |  THURSDAY, 2 AUG 2012
Australia's corporate watchdog said it has learnt some lessons in the wake of the Trio fraud, and plans to be more proactive. While admitting that the Australian Securities & Investments Commission (ASIC) could never guarantee that a similar scenario ...

Highly educated SMSF investors prime fraud targets

MELANIE TIMBRELL  |  TUESDAY, 10 JUL 2012
... 50, highly educated, financially literate and managing their own super are the most likely victims of organised investment fraud, according to a new report from the ACC. Minister of Justice Jason Clare yesterday released the joint report from the Australian ...

ASIC uncovers investment scam

LINDA HAUSKEN  |  FRIDAY, 6 JUL 2012
... have been appointed liquidators of the companies. The corporate watchdog said it urges consumers to be alert to investment fraud, having seen an increase in cold-calling activity across Australia.

Trio fraud victims demand compensation

ALEX DUNNIN  |  THURSDAY, 5 JUL 2012
A group of Trio fraud victims is meeting with Bill Shorten, minister for superannuation and financial services, to demand that they be compensated for their losses just as members of regular super funds were compensated. John Telford, secretary of the ...