Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 671 - 680 of 796 results for "fraud"

SEQUAL toughens 'no negative equity' rules

CHRIS NICHOLLS  |  WEDNESDAY, 22 AUG 2007
Reverse mortgage lenders group SEQUAL has released an improved code of conduct, tightening conditions on 'no negative equity guarantees' and providing better protection to retirees. The new minimum standards for the mandatory 'no negative equity guarantee' ...

US investors receive $312m from Fair Fund

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
Another week, another compensation resolution for US investors. This time the Securities and Exchange Commission (SEC) is about to distribute $312 million through the Fair Fund created as part of the settlements with Qwest Communications International ...

Biometrics to curb ID theft

... originally intended. Despite these concerns, those surveyed were positive overall about the benefits of biometrics in tackling ID fraud. "Identity theft is a rapidly growing crime and improvements in the fight against it will resonate with a lot of people," ...

Symantec warns on tax time cybercrime

... another IT security company Unisys, more individuals are concerned about providing their details online, with 'financial fraud' ranked the most worrying issue followed by 'identity theft' online. "Since December, it is clear that Australians have become ...

Tax cheats handed decade in jail

Three South Australians were sentenced to a total of 12 years imprisonment for committing a tax fraud amounting to $6.8 million. 62-year old Maxwell John Reid, 48-year old Edna Reid and 75-year old Graham Ernest Dasborough were found guilty of a total ...

More blue and orange in online banking

CHRIS NICHOLLS  |  TUESDAY, 29 MAY 2007
... said head of financial services, Bryan Inch. None of Rabobank's current online banking services have experienced any online fraud, he said. Rabobank Australia & New Zealand chief executive officer Bruce Dick said while Rabobank remained committed to ...

Retirement banking comes of age

... security in customer accounts. We're also probably one of the only banks in the market who has actually seen internet banking fraud come down for the last couple of years," said Brian Hartzer, ANZ group managing director, personal. The account will also ...

Members covered for fraud but not bad investments

... members could not recoup approximately $9 million of the money that 'disappeared' because the amount is not directly linked to fraud or theft but likely due to the sums being poorly invested by the now-disqualified trustees. Andrew Keevers, associate ...

AIST against participating employer rule change

ALEX DUNNIN  |  THURSDAY, 10 MAY 2007
... protected at a much earlier time," said the AIST in its Budget newsletter to members. The AIST said it protects against employer fraud or dishonesty, as well as having the potential for greater investment earnings on those contributions over the long ...

Identity data costs less than $20

A US study conducted by security software giant Symantec has found that a person's personal information, such as banking details, date of birth and licence number, only costs between $20 (US$14) to $22 (US$18) on the black market. The findings were ...