by admin | Nov 13, 2019 | News & Analysis
NAB has admitted to 255 out of 297 alleged breaches of the Credit Act arising from a controversial home loan referral program. The maximum penalty for one breach of S31(1) is 1.7to 1.8mil. The Federal Court is yet to deliver its judgement....
by admin | Nov 12, 2019 | News & Analysis
Garth Weiley, the former general manager of Event Cinemas at Glendale and Kotara used a corporate credit to make $150,000 worth of fraudulent payments to three of his own personal businesses over a more than seven-year period....
by admin | Nov 12, 2019 | News & Analysis
Detectives from the E-Crime Squad have arrested a man as part of an investigation into unregistered cryptocurrency transactions in Melbourne. A cryptocurrency ATM from a shopping centre in Braybrook was seized as part of the investigation....
by admin | Nov 11, 2019 | News & Analysis
Joint Chiefs of Global Tax Enforcement (known as the J5), which include tax officials from the US, UK, Australia, Canada and the Netherlands have identified dozens of potential cryptocurrency tax evaders or cybercriminals in a recent meeting. They shared data, tools...
by admin | Nov 11, 2019 | News & Analysis
Payment interception scams are becoming increasingly common where the fraudsters redirect payments from a legitimate bank account to their own. $70,000 was stolen in two separate rip-offs by cloning a Perth settlement agent’s email during a real estate transaction....
by admin | Nov 11, 2019 | News & Analysis
ASIC has banned the director of Element Finance Group from engaging in credit activities. Mr Zheng had acted recklessly in providing false documents in support of four loan applications between September 2017 and February 2018....
