by admin | Jul 10, 2020 | News & Analysis
An online scam using celebrity names to ‘endorse’ it, costs an elderly man more than $80,000 in life savings. A cybersecurity expert says there has been a 27 per cent increase in online scams over the past three months....
by admin | Jul 10, 2020 | News & Analysis
A lot of inexperienced people have turned to cryptocurrency as an alternative way to make money. This inexperience combined with more time spent at home on personal computers, has led to a significant increase in crypto-jacking. A good article explaining...
by admin | Jul 10, 2020 | News & Analysis
Devyn Hammond has been sentenced to four years jail with two and a half years without parole, after she pleaded guilty to conspiring to cause loss to the Commonwealth and laundering almost $150million. The fraud involved Plutus Payroll skimming pay as you go tax and...
by admin | Jul 10, 2020 | News & Analysis
An auction for scandal-plagued Wirecard’s Australian and NZ operations is set to start next week as local customers scramble to distance themselves from the group....
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...
