News and Analysis

The following are articles relevant to the Professional Investigator.   Click on the title to make a comment or join the conversation.



City of Perth Briefcam technology to go live before June as part of $1 million Smart Cities trial – 7 May 2019

As part of the “Smart cities” trial, video surveillance cameras that recognise your face, detect your gender and the colour of your clothes, how fast you’re travelling, and then track your movements, will be up and running in Perth by the end of this month. The cameras are able to match faces from live camera footage with any photos supplied by police in the search for perpetrators of criminal activity.

Do you have a whistleblower policy? From July 1, you’ll need one – 2 May 2019

Australian whistleblowers have traditionally received very little in the way of overt protection. But things are changing. A spotlight is now directly above corporate Australia, with the public expecting greater transparency and higher standards of governance. From July 1, legislation requiring companies to give protection to whistleblower employees comes into effect, after reforms were passed by the Australian Parliament on February 19.

Cyberscam mastermind’s lavish lifestyle revealed – 2 May 2019

Feezan Hameed Choudhary was reaping  2.8million each month as the ringleader of UK’s biggest-ever cyber scam. He phoned innocent customers posing as a bank official, putting on Scottish, Welsh and upper-class English accents and convincing them to hand over personal details, which allowed him to drain their accounts.

SA homebuilder under police investigation as owner dodges alleged debt – 1 May 2019

Liquidators have failed to track down the man behind an SA construction company (GNC Homes). He is being investigated for alleged insurance fraud and owes creditors nearly $3 million. Many of these creditors continue to suffer the personal and financial consequences of the company’s failure to pay.

ATO’s debt recovery action against small businesses is ‘crippling’, says ombudsman – 29 April 2019

A report released today from the Australian Small Business and Family Enterprise Ombudsman (ASBFEO,) looks at the ATO’s use of various debt recovery actions. 159 complaints were made regarding heavy handed debt recovery actions, however the ATO claims it only acts in serious fraud cases.

Blockchain leaders respond to Apple CEO’s call for technology regulation – 28 April 2019

Apple CEO Tim Cook stated at the TIME 100 summit, that technology should be regulated with greater consumer protection. He stated that cryptocurrencies have the power to bring new opportunities into the traditional financial sector, however reaping these benefits will require a combined effort from government, industry bodies, and private enterprises.

Behind bars: India’s ‘Diamond King’ Nirav Modi’s fall from grace – 27 April 2019

Norav Modi, the “jeweller to the stars”, is behind bars after a year-long Interpol-led manhunt led to his arrest in central London on March 19. According to investigations Modi and his co-conspirators, illegally borrowed approximately $US4 billion over a period of seven years by manufacturing sham transactions purportedly to “import” diamonds and other gems into India, from trading hubs. It has been called the “Great Indian Bank Robbery”.

Bubble bursts for tea chain giant Chatime over underpayment – 26 April 2019

Chatime (Tea chain giant) is caught up in a large employment underpayment issues in its franchisees and corporate stores. This latest scandal to hit the franchising sector, comes in the wake of a damning parliamentary report into the industry, calling for greater enforcement of powers and penalties and a suite of changes to the franchising code.

“Blockchain Bandit” stole $54m in Ether from wallets with weak private keys – 21 April 2019

Researchers at Independent Security Evaluators found that one “blockchain bandit” stole $54 million in Ether from wallets with weak private keys

People put a lot of faith into their cryptocurrency wallets, but such faith can be severely misplaced. Researchers at Independent Security Evaluators (ISE) found that thieves are making big bucks by targeting wallets on the Ethereum blockchain that have very weak private keys.