by admin | Jun 4, 2020 | News & Analysis
A 51-year-old man was charged with 20 counts of theft. Police allege that he obtained money from the victims which was to be used for various high profile Adelaide events....
by admin | Jun 2, 2020 | News & Analysis
Research shows that fraudsters, malicious hackers and criminals have stolen $1.36 billion in cryptocurrency through the first five months of 2020. The biggest theft stemming from ‘Wotoken’- a Chinese multi-level marketing scheme. This highlights the need for closer...
by admin | Jun 2, 2020 | News & Analysis
Phone scammers in Warrnambool are calling ‘Customer Owned Banking Association’ customers and claiming to be from the ‘fraud department’, in order to get personal information that is used to steal their funds....
by admin | Jun 2, 2020 | News & Analysis
According to a study by the ‘Big Four’ Accounting firms, Corporate Australia is more vulnerable than ever to fraud under Covid-19 conditions. Reduced financial controls, lack of segregation of functions, inability to verify receipt of goods are some of the reasons....
by admin | Jun 2, 2020 | News & Analysis
ASIC is has formed two working groups to target people who are providing unlicensed financial advice and scams that target unwary consumers during the pandemic....
by admin | Jun 1, 2020 | News & Analysis
PayPal says it will continue to work with local law enforcement agencies to prevent its platform being used by criminals, including COVID-19 scammers, as transaction volumes surge to record levels with the pandemic accelerating growth in online payments....
