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Showing 1 - 10 of 1635 results for "Investigation"

Developer jailed after $2.2m investment scam

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
... that of others. Ian Omar Chester pleaded guilty in the Southport District Court on September 29, following an ASIC investigation into around 18 companies used as investment and development vehicles across five Southeast Queensland property projects. ...

ASIC secures court orders against questionable investment scheme

MATTHEW WAI  |  MONDAY, 21 SEP 2026
... including the appointment of receivers, should be granted at a future hearing listed on September 23. ASIC's investigation is continuing. SIGA's website claims that as of November 2025, $1.9 million in returns have been achieved per year for some ...

Australian Fiduciaries auditor suspended for three years

RIDDHIMA TALWANI  |  WEDNESDAY, 16 SEP 2026
... Global Diversified Alpha Fund, Global All Seasons Fund and Global Multi-Strategy Fund. Last year, ASIC started an investigation into Australian Fiduciaries on concerns of inadequate management of conflicts of interest, the ways investors were sold units ...

Court orders ASIC to preserve assets from doomed trust

MATTHEW WAI  |  THURSDAY, 10 SEP 2026
... proceeding is presently limited to obtaining orders with respect to the Deckchair Trust, ASIC said, stating the investigation remains ongoing. On 25 March 2026, ASIC commenced winding up proceedings in the NSW Supreme Court for 12 companies, including ...

Diversa board backs chief executive pay rise, bonus amid First Guardian fallout

KARREN VERGARA  |  TUESDAY, 8 SEP 2026
... ASIC sets the record straight Also appearing at the hearing, ASIC set the record straight on the regulator's investigation into Diversa's disclosure of trustee fees and other issues. This investigation relates to the possible misuse of members' ...

Inquiry rips into Diversa: 'All profit, no responsibility'

KARREN VERGARA  |  MONDAY, 7 SEP 2026
... around First Guardian. ASIC is also suing Diversa for nearly $250 million for the First Guardian calamity. A separate investigation ASIC launched in June into Diversa alleged over the possible misuse of members' money and a series of undisclosed ...

Banned SMSF auditor sentenced for falsifying reports

VINNY VUCAGO  |  THURSDAY, 3 SEP 2026
... falsifying audit documents. Convery was convicted by the Melbourne Magistrates Court on September 2 after an ASIC investigation found he continued providing SMSF audit services between June 2024 and January 2025 despite being permanently disqualified. ...

Scams and governance failures dominate tip-offs to ASIC

RIDDHIMA TALWANI  |  THURSDAY, 3 SEP 2026
... tip-offs from the public." One hundred seventy of the reports directly assisted ASIC with existing surveillance or investigation matters, while 351 reports raised issues that were linked to other reports and were considered together. ASIC noted reports ...

Macquarie board rejects KPMG as auditor

RIDDHIMA TALWANI  |  THURSDAY, 27 AUG 2026
... including those of Westpac and Dexus. The details were brought forward by a whistleblower, and KPMG has admitted its investigation into the claims fell short.

Macquarie puts KPMG audit under formal review

RIDDHIMA TALWANI  |  FRIDAY, 14 AUG 2026
... including those of Westpac and Dexus. The details were brought forward by a whistleblower, and KPMG has admitted its investigation into the claims fell short. KPMG said the parliamentary inquiry has shone the light on its failings, including unethical ...
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