by admin | Feb 9, 2020 | News & Analysis
In November, the racing world was abuzz when lawyer Mark Scott was found guilty of bank fraud and money laundering by a US federal court jury for his role in the OneCoin scam. Witness testimony implicated Amer Abdulazis Salman in the case and now Phoenix Thoroughbreds...
by admin | Feb 9, 2020 | News & Analysis
The consumer watchdog said Australians reported almost 4000 dating and romance scams in 2019, with victims losing an average of $19,000 each. Some individuals lost $1 million. In 2018, there were 3981 reports of romance scams, with losses of $24.6 million, in...
by admin | Feb 7, 2020 | News & Analysis
This blog discusses the Westpac scandal, its massive consequences and the details of follow-on private securities litigation. Westpac, Australia’s second-largest retail bank, has been embroiled in a scandal arising from approximately 23 million alleged breaches of...
by admin | Feb 7, 2020 | News & Analysis
Stephen John Swindle received approx. $80,000 for hay and grain but did not deliver it to farmers. He has been found guilty and sentenced to 3 years and 6 months in jail. Police say farmers are vulnerable to scammers due to the pressures of drought....
by admin | Feb 7, 2020 | News & Analysis
The identities, bank accounts and superannuation funds of more than 100 Australians have been taken over by Adam Jones. Using this information Mr Jones allegedly created email, phone and bank accounts in their name. The alleged fraud totals $11 million....
