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Showing 71 - 80 of 81 results for %22Super scam%22

Scam targets ethnic community

HAMISH MADDEN  |  FRIDAY, 25 AUG 2006
... (ASIC) has warned investors to be wary of investment schemes targeted at specific communities after it acted to shut down a scam targeting the Australian Chinese community. ASIC investigations uncovered an online scheme specifically targeting the Australian ...

ASIC plays educator on the radio

The Australian Securities and Investments Commission (ASIC) has launched a six part radio series, Your Money, designed to help consumers distinguish genuine financial opportunities from scams. "Consumers are often dazzled by offers of high returns from ...

Banks under growing IT security threat: Deloitte

Financial institutions need to get serious about their IT security after the latest Deloitte Global Security Survey found that more than three-quarters of the world's leading 150 finance groups suffered a serious security breach in the last 12 months. ...

ASIC charges four over margin lending scam

HAMISH MADDEN  |  WEDNESDAY, 7 JUN 2006
Four people have been charged by the Australian Securities and Investments Commission (ASIC) regarding unlawful and misleading conduct which resulted in Sydney investors taking out and subsequently defaulting on Macquarie Bank Margin Lending loans. ...

ASIC releases 'too good to be true' calculator

... capital growth. It can also be used to compare the balanced option of 30 per cent income and 70 per cent growth popular among super funds. "This calculator will give people a feeling for what's a reasonable rate of return and a reasonable time to hold ...

CSS fraudsters appear in court

AAP  |  THURSDAY, 18 AUG 2005
Four men accused of conspiring to launder $150 million defrauded from a super fund for federal public servants have been granted bail in a Sydney court. It is alleged the funds were illegally transferred from the Commonwealth Superannuation Scheme on ...

Auscoal suffers theft of $1.6 million

AAP  |  THURSDAY, 26 MAY 2005
... involvement at all," he said. "We believe it's entirely external and we also have reason to believe that a similar sort of scam or frauds have been attempted with other entities as well." Mr Hickey said the bulk of Auscoal's contributions came from electronic ...

Embezzlement more common but scams hurt most; report

... emerging issues which may give rise to greater instances of fraud in the future, including in areas around self-managed super funds, e-commerce, platform fraud, registered scams and use of faxes.

ASIC scamseek goes online

After a 16 month trial, the Australian Securities Investments Commission (ASIC) launched its scamseeker spider today, an Internet-document classification system able to automatically identify websites that illegally promote financial schemes and lock ...

ASIC warns consumers are target of offshore fraud

AAP  |  TUESDAY, 16 MAR 2004
The Australian Securities Investment Commission (ASIC) has warned that unlicensed offshore stockbrokers have re-emerged in Australia, targeting consumers interested in maximising their superannuation. The corporate watchdog said today offshore brokers ...