by admin | Sep 25, 2020 | News & Analysis
The Australian tax office claims it has lost hundreds of millions of dollars, under mass tax evasion schemes allegedly run by professional advisers using “phoenixing”. The art of liquidating a company and allowing the directors to rise from the ashes in a new entity,...
by admin | Sep 24, 2020 | News & Analysis
The AFP arrested a 33-year-old Sydney man and charged him with multiple fraud offences for allegedly redirecting Commonwealth government payments to accounts controlled by him. It will be alleged the man stole identity information to then access Centrelink records to...
by admin | Sep 24, 2020 | News & Analysis
Two Sydney cyber hackers have been arrested and one of them charged, over trying to steal thousands of personal identities and large sums of money from unsuspecting bank and telco customers. They seized fake identity documents, $50,000 in cash in a safe, a money...
by admin | Sep 24, 2020 | News & Analysis
Westpac will pay a $1.3 billion penalty for breaching anti-money laundering and counter terrorism financing laws. The bank admitted to 23 million breaches of the laws, including failing to report international transactions amounting to $11 billion and the insufficient...
by admin | Sep 24, 2020 | News & Analysis
Former US Army soldier Carmelita Roque, was a victim of the Options Rider investment scam which used Australian bank accounts. The AFP began investigating Options Rider in mid-2015 and eventually restrained funds in 37 different bank accounts at various Australian...
