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Showing 541 - 550 of 796 results for "Fraud"

ASIC charges against new wave of boiler room scams

ELISE BURGESS  |  MONDAY, 6 FEB 2012
ASIC has warned of the rising number of 'boiler room' investment scams after obtaining Supreme Court orders against one financial planning firm accused of defrauding 36 investors in excess of $350,000. Unlicensed financial planning business, Golden ...

ASIC, ACC crack investment scam

ELISE BURGESS  |  WEDNESDAY, 14 DEC 2011
... under suspicion of operating a serious and organised fraudulent investment scam. "Australians are under attack by organised fraud operations, both locally and overseas and it is vital that people exercise extreme caution when dealing with emotional investment ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 NOV 2011
... to take place sometime after April 2012. PARIS - More than one in three companies say that in 2011 they were victims of fraud with reports of cybercrime targeting businesses around the world skyrocketing, a report said on Tuesday. LONDON - World oil ...

Gold Coast scam sees 20 investors lose $250,000

CLAIRE MCGREAL  |  MONDAY, 28 NOV 2011
... the court will hear ASIC's application for final orders. Meanwhile consumers are being urged to watch out for investment fraud which the regulator said had been on the rise in the past nine months. ASIC said that while the companies involved tend to ...

ASIC imposes permanent ban on fin services provider

ELISE BURGESS  |  WEDNESDAY, 23 NOV 2011
George Stephen Hawa, previously found guilty of serious fraud and sentenced to serve time in prison, has also been permanently banned from providing financial services by ASIC. On April 4 this year, Hawa was convicted of four counts of obtaining money ...

ASIC investigations lead to charges, interim orders

CLAIRE MCGREAL  |  TUESDAY, 15 NOV 2011
A Perth stockbroker has pleaded not guilty to more than 10 fraud charges, but guilty to a charge of dishonestly using his position as an employee at his former workplace. Jonathan Kur, who was an authorised representative for Hogan and Partners Stockbrokers ...

Adviser charged with fraud

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
A former senior adviser at Sydney firm, Noall & Co, faced charges of fraud in court this week following an ASIC investigation. James Patrick Hobson, a senior financial adviser, faced Downing Centre Local Court for allegations that he defrauded four ...

Former financial adviser gets three years jail time

CLAIRE MCGREAL  |  MONDAY, 7 NOV 2011
A former Sydney financial adviser has been jailed for three years on six fraud charges. Alan Leslie Brown of Lugarno pleaded guilty in May to one count of obtaining money by deception, one count of using a false instrument and four counts of dishonest ...

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  FRIDAY, 4 NOV 2011
... $55 million in financial assistance to over 5,000 members of the Trio superannuation entities due to the loss of funds to fraud or theft. The APRA Trio investigation continues.

ASFA gets behind phoenix reforms

RACHEL DAVIS  |  MONDAY, 31 OCT 2011
The Association of Superannuation Funds of Australia has welcomed proposed legislation to hold directors of phoenix companies liable for any unpaid superannuation entitlements. On 13 October 2011, the Government presented a bill aimed at amending the ...