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Showing 61 - 70 of 318 results for "Crime"

Bond scam defrauds SMSFs $2.8m

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... and charged with 13 counts of obtaining financial benefit by deception and 13 counts of reckless dealing with proceeds of crime. The Australian Competition and Consumer Commission found that Australians have lost over $70 million to investment scams ...

Criminal charges in property investor collapse

ELIZABETH MCARTHUR  |  MONDAY, 13 SEP 2021
... aiding, abetting, counselling or procuring the commission of an offence. The charges follow an ASIC-led Serious Financial Crime Taskforce (SFCT) investigation into the collapse of the groups and alleged associated phoenix activity. The matter will next ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
A former financial adviser has received a conditional release without conviction for a period of two years after pleading guilty to false document charges. Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, pleaded ...

Former Hillross adviser pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 13 JUL 2021
Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, has plead guilty to false document charges following an ASIC investigation. Kourieh pleaded guilty to one count of making false documents and one count of using false ...

Ian Silk to leave AustralianSuper

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
... the fund with the necessary protections saw the four risk departments expand to include hiring a lead for its financial crime, security and resilience unit. "We are in the business of helping members grow and protect their growing assets," he said.

UK bans crypto exchange Binance

ELIZABETH MCARTHUR  |  MONDAY, 28 JUN 2021
... Binance put out a statement saying it had received a "letter of commendation" from the UK South East Regional Organised Crime Unit. The investigation in question related to the supply of Class A drugs via the dark web. "At Binance, we are proud to have ...

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
... understand whether Australia is particularly attractive to international money laundering syndicates and the proceeds of foreign crime. The Senator is also seeking to clarify how AUSTRAC identifies emerging problems and addresses governance and risk-management ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... 'bad news is good news' view that prevailed a month ago. But if you read the BLS's report as diligently as a crime scene investigator, you'll find that underneath that the employment report is not as dreary as the headline numbers suggest. ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... closure rates that is concerning. AUSTRAC acknowledged that NAB has invested significantly in programs to combat financial crime but it doubts that the bank has the necessary systems and processes to do so. Since June 2017, NAB poured $800 million into ...

KPMG names risk consulting partners

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
... Kat Conner as risk, strategy & technology partner. de Wit was previously at Westpac where he was global head of financial crime transformation over two years and led the set-up, design and implementation of Westpac's strategic response to regulatory ...