Lobster plot: Alleged Mafia boss promised post-dinner donation of ‘swag of money’ – 11 August 2017

by admin | Aug 11, 2017 | News & Analysis

An investigation into a dinner between Victorian opposition leader Matthew Guy and an alleged Mafia boss has been launched by Four Corners and Fairfax Meida after obtaining a series of phone records. It is alleged that the men were plotting to funnel a large party...

Apple and Google pull hundreds of trading apps from stores over fears of financial scams – 4 August 2017

by admin | Aug 4, 2017 | News & Analysis

ASIC has cracked down on online fraud after it conducted a review of mobile app stores, focusing on binary options trading. Since being contacted by ASIC, Apple and Google have removed relevant apps from their respective stores.  ...

Forget Commonwealth Bank’s $9.8b profit next week, Ian Narev will be explaining “cuckoo smurfing” – 4 August 2017

by admin | Aug 4, 2017 | News & Analysis

More details on the CBA money laundering scandal....

Austrac alleges CBA in ‘serious’ breach of money laundering act – 4 August 2017

by admin | Aug 4, 2017 | News & Analysis

Austrac has alleged that The Commonwealth Bank has breached money laundering laws after failing to report a number of large cash transactions made through intelligent money machines. This included six instances where the bank believed customers were possibly financing...

AFP hunts Australian dark net users after sites taken down – 28 July 2017

by admin | Jul 28, 2017 | News & Analysis

The AFP has received a trove of information about anonymous users following the closure of two of the biggest dark net marketplaces. Anonymous users use sites similar to the now closed AlphaBay and Hansa to sell online banking details and steal money from the...