by admin | Jul 9, 2020 | News & Analysis
A former financial planner lost $8 million of his own and other people’s money betting on racing and sports. AUSTRAC, states that betting agencies like Tabcorp must comply with “know your customer” provisions. That means they must properly check...
by admin | Jul 7, 2020 | News & Analysis
A Queensland man used stolen identities to get his hands on fraudulent tax refunds and social security payments. He also made false Centrelink claims and impersonated customers and redirected payments to his bank account. In this article the ATO, describes ways to...
by admin | Jul 7, 2020 | News & Analysis
A recent QLD scam involves an unknown person telling the resident that there is a warrant out for their arrest and that their name is linked to a series of criminal offences. Scammers typically ask for money to be sent via wire transfer as money cannot be easily...
by admin | Jul 7, 2020 | News & Analysis
A prominent African community leader in Melbourne is accused of dozens of serious financial crimes, including dishonestly obtaining $4.2 million and stealing $25,300 from a company that helps troubled youths....
by admin | Jul 6, 2020 | News & Analysis
Last year, Australians reported more than A$634 million was lost to scammers, a significant jump from $489.7 million the year before. Article discuss why fraud is so successful, how social and psychological techniques are used to deceive victims and how to defend...
