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Showing 631 - 640 of 809 results for "Fraud"

APRA targets illegal early release on super

RUTH LIEW  |  MONDAY, 8 FEB 2010
... specifically targets IER involving transfers and rollovers into SMSFs, and outlined several steps to minimise chances of fraud occurring. First up is a proof of identity check for fund members, including member information, checking for forged documents ...

Rationalise me

MEDIA RELEASE  |  MONDAY, 14 DEC 2009
... transferring investors into modern products with better features, and would also remove a significant source of risks of error and fraud in the financial system by closing outdated legacy products, a press statement noted. "The proposed solution seeks ...

Improving admin could stop fraudsters: SPAA

MICHAEL HOBBS  |  THURSDAY, 26 NOV 2009
... recommendations include developing a central national investigative authority like the Australian Federal Police where superannuation fraud information can be collated and dealt with on a single platform. Using tax file numbers as a compulsory verification ...

Men's contribution to superannuation

ALEX DUNNIN  |  THURSDAY, 19 NOV 2009
... Superannuation and wealth management would not function without them. Men are, however, also responsible for most of the fraud and misselling in superannuation and wealth management. International Men's Day began in Trinidad and Tobago in 1999 and has ...

WA rep banned

MICHELLE BALTAZAR  |  MONDAY, 16 NOV 2009
... banning follows Cox being sentenced in January this year to two years and four months jail with parole, for 24 counts of fraud. It is alleged Cox fraudulently obtained funds from policy holders superannuation accounts, obtaining cheques worth more than ...

MMC pays $428 million in compensation

MEDIA RELEASE  |  MONDAY, 16 NOV 2009
... securities laws, Marsh harmed the investments and retirement benefits of workers in Ohio and across the country. This massive fraud was built on unethical and illegal practices and violated the best interests of clients and shareholders alike," said ...

Pension fund head gets jail sentence

RUTH LIEW  |  WEDNESDAY, 4 NOV 2009
... teachers' pension fund has been sentenced to four years imprisonment after being convicted of a string of offences including fraud and embezzlement. UK-based publication online publication IPE.com reported Ignace Rey, the former head of the teachers' ...

Billionaire faces insider trading noose

SEC RELEASE  |  MONDAY, 19 OCT 2009
... Microsystems. He then used the non-public information to illegally trade on behalf of Galleon. "This complaint describes a web of fraud that has been unraveled," said SEC chairman Mary L. Schapiro. "What we have uncovered in the trading activities of ...

FBI hunts down bank fraudsters

RUTH LIEW  |  FRIDAY, 9 OCT 2009
The US has teamed up with Egypt in one of the largest crackdowns on cyber fraud - resulting in 100 people linked to an international "phishing" operation charged for trying to defraud American banks. According to a press statement from the Federal Bureau ...

Identity thieves target planner clients

RUTH LIEW  |  WEDNESDAY, 9 SEP 2009
... details. According to Crime Stoppers Australia, Australian businesses are placing their customers and staff at risk of identity fraud through sloppy handling of sensitive personal information. Consumers, including planner clients, are regularly asked ...