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Showing 631 - 640 of 795 results for "fraud"

Super fund tech still lags: KPMG

COMPANY RELEASE  |  MONDAY, 17 AUG 2009
... comes to real-time processing," said KPMG partner, Emery Feyzeny. "Given community focus on identity theft and internet fraud generally, this is an area which we expected 100 per cent of funds to satisfy," said Feyzeny. Participants will also need to ...

Industrial espionage turns viral

MICHELLE BALTAZAR  |  MONDAY, 10 AUG 2009
... face more threats of industrial espionage online through malicious software technology often associated with credit card fraud, warns an IT security expert. At a time when banks, fund managers and super funds already have their hands full with online ...

SocGen exec quits after insider trading probe

RUTH LIEW  |  MONDAY, 10 AUG 2009
... media statement. This latest case of insider trading at SociA(C)tA(C) GA(C)nA(C)rale follows one of the highest profile fraud cases in financial history last year. SocGen was left fighting for its reputation last year following $8.2 billion in losses ...

Telstra Super fights fraud through tech

RUTH LIEW  |  MONDAY, 3 AUG 2009
New security questions and stronger member protection - the $9 billion Telstra Super is combating fraud by implementing tougher technology barriers to make its transaction services safer for members. According to a media statement, Telstra Super's member ...

Perth stockbroker gets ban for life

ASIC RELEASE  |  MONDAY, 13 JUL 2009
... jail sentence but a WA-based stockbroker has been permanently banned from providing financial services after a $9 million fraud. ASIC has permanently banned Jonathan Kur of Dianella, Western Australia from providing financial services after cheating ...

Bigger and better risk management

RUTH LIEW  |  WEDNESDAY, 24 JUN 2009
... the Financial Services Authority in the UK. Dan Foody, vice president of Progress Actional said following the high-profile fraud cases such as last year's Societe Generale's internal fraud showed the necessity for real time risk assessment. "If you look ...

Broker swindled investor funds

RUTH LIEW  |  THURSDAY, 4 JUN 2009
A former mortgage broker has been charged with fraud after failing to invest $123,000 from a private investor. Adrian Camilleri, who used to work as a mortgage broker and director for Asset Finance Service, was found guilty yesterday on one count of ...

Insurance broker caught for fraud

ASIC RELEASE  |  MONDAY, 1 JUN 2009
Consumers, be warned. ASIC has caught one insurance broker selling insurance products but not passing on the fees to the insurer, which meant his clients didn't get the appropriate insurance cover. Stolen premiums, dodgy insurance - Anthony John Ryan ...

Bonnie and Clyde team caught for fraud

RUTH LIEW  |  THURSDAY, 28 MAY 2009
A couple from Victoria has admitted to committing SMSF fraud - with the husband pleading guilty to 12 charges including theft and conducting business without a financial services licence following an ASIC investigation. Shaun White of Montmorency, Victoria ...

FX trader guilty of $360k fraud

ASIC RELEASE  |  TUESDAY, 12 MAY 2009
Brisbane-based resident Brett Tony Best has pleaded guilty to running an illegal managed investment scheme (MIS), which enabled him to dupe more than 200 south-east Queenslanders out of $360,000 in funds. Best, 39, pleaded guilty to one charge of dishonestly ...