by admin | Jul 23, 2018 | News & Analysis
Employee fraud in Australia is more common than most companies realise and consequences are wider than the obvious financial impact. Article discusses pre-employment screening and the importance of rescreening to prevent ongoing employee fraud and mitigate risk....
by admin | Jul 22, 2018 | News & Analysis
Chinese lender Aoyin claimed it wasted $5 million trying to establish a locally incorporated bank in Australia due to flawed advice from PwC. The claims include failing to act with reasonable care and skill, breaching its retainer and engaging in misleading and...
by admin | Jul 21, 2018 | News & Analysis
Jim Zhao, a 31-year-old man was arrested for a US operation that has spanned four continents, netted 11 individuals and implicated at least four of the world’s biggest banks in a seven-year conspiracy to manipulate commodities markets in Chicago. He is one of...
by admin | Jul 20, 2018 | News & Analysis
Tim Leissner, who is married to fashion designer Kimora Lee Simmons, arranged bond offerings that netted rich fees for Goldman Sachs. US prosecutors are reviewing whether the bank turned a blind eye to the plunder of Malaysian investment fund 1MDB,...
by admin | Jul 18, 2018 | News & Analysis
A property racket might be behind the decision by Westpac and other big banks to stop lending to self-managed superannuation funds (SMSFs) Article talks about how the scam worked and banks intention to abandon related lending activity....
