Search Results | Showing 1 - 10 of 81 results for super scam |
| | ... adjourned to May 28 for further mention. In 2019, Valvo appeared on A Current Affair claiming that he was the victim of a scam. Valvo said he lost $50,000 through a fake trading platform. His family and friends also lost money from the scam. He told ... |
| | | ... Brown found Australia's crypto adoption was widespread, with individuals, and increasingly, sole traders, self-managed super funds (SMSF) and companies investing. Caleb & Brown said 80% of its customers belong to Gen-X or Baby Boomers, while 70% ... |
| | | The corporate regulator says it has shut down about 3500 investment scam websites since July 2023 to protect Australians from digitally enabled misconduct. According to ASIC's latest enforcement and regulatory update, it has secured almost $60 million ... |
| | | A duo who allegedly defrauded self-managed super funds (SMSF) have been charged by the Melbourne Magistrates Court with a string of criminal offences. The charges follow an ASIC investigation into the activities of Joseph Cullia and Zoran Markovic ... |
| | | ... single year, reflecting a 23% increase from the previous year's figures. This escalation was driven by an alarming rise in scam-related and financial hardship complaints. AFCA registered 8987 complaints related to scams, up 95% from the previous year ... |
| | | The Australian Financial Complaints Authority (AFCA) has revised the maximum amount consumers can claim for compensation. As of 1 January 2024, the maximum compensation amount a complainant can apply for is $1.263 million, which was previously $1.085 ... |
| | | ... possesses restricted but pertinent information. The review had recommended the introduction of a 'good advice' duty. Super Consumers Australia said the fact the government hasn't pursued this recommendation is a win for consumers. "The best ... |
| | | ... environments for financial firms and their customers following the global pandemic, rising interest rates, a sharp escalation in scam activity and significant natural disasters. "We have dealt with hundreds of thousands of cases over the past five years ... |
| | | ... while his assets and those of his business, Your Financial Freedom, were frozen. ASIC is investigating fees charged to the super funds of Valvo's former clients between January 2015 and September 2021. It's previously been reported that Valvo ... |
| | | ... of complaints that arose from the superannuation sector soared 31% to 6957. A large chunk of the complaints stemmed from super funds and insurers delaying the payment of death benefits. This rose a whopping 136% annually. Singh said that many super funds ... |
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