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Showing 1 - 10 of 317 results for "Crime"

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... Stuart, Emma Summer and Syed Yusuf pleaded guilty to conspiracy to commit market rigging and dealing with the proceeds of crime. Quinlan, Stuart and Summer were involved in the conspiracy between about 28 August 2021 and about 22 September 2021, while ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
A former financial services director, who dishonestly obtained near $1 million by tricking his clients into investing into a "test" trading platform, has had his sentence handed down. Mark Francis McCabe was sentenced to four years and three months' ...

Government to 'crack down further' on financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
The government will introduce new measures to target perpetrators of financial abuse, as part of its gender equality plan Building Australia's Future: Labor's Commitment to Women, launched yesterday by Labor senator Katy Gallagher and minister for social ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... sector," Delahunty said. "The superannuation sector isn't sitting back and taking our very low rates of scams and financial crime for granted, we note the specific concerns ASIC has identified in their letter today and we commit, through ASFA's Financial ...

Commonwealth Bank shakes up executive leadership team

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
... Channel Islands and Isle of Man and previously served as chief operating officer for HSBC UK, where she oversaw financial crime operations, as well as the technology, operations, and fraud functions. Before that, she was a partner and managing director ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... launched an investigation in 2020 into her activities on the back of the Australian Taxation Office's Serious Financial Crime Taskforce (SFCT), which identified multiple Western Australians allegedly orchestrating a similar scam. The woman charged ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
The Association of Superannuation Funds of Australia (ASFA) has launched of the ASFA Financial Crime Protection Initiative (FCPI), a project designed to bolster the superannuation sector's defences against the growing threat of financial crime. In collaboration ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
The former director for Guevara Capital Access (GCA) and Online Trading Capital (OTC) has yesterday admitted he dishonestly obtained a financial advantage by deception in the Downing Centre District Court. Mark McCabe has pleaded guilty to three offences ...

TradingHub makes Australian debut

MATTHEW WAI  |  TUESDAY, 10 SEP 2024
... role in risk management at the ASX and most recently the executive general manager of one of Commonwealth Bank's financial crime remediation unit. "David and Michael's vast financial, regulatory and technology experience will not only help the Australian ...

Former director sentenced for misappropriating investor funds

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
The former director of Reiwa-Capital has been sentenced to home detention after he was found guilty of misappropriating $440,000 of investors' funds, including gambling some of it. Russell Sandiford was sentenced to two years and eight months imprisonment ...
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