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....
by admin | Nov 11, 2019 | News & Analysis
Facebook plans to launch a cryptocurrency called ‘Libra’ next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments. ASIC believes Libra poses “many risks and threats” to Australia’s financial...
by admin | Nov 11, 2019 | News & Analysis
Whistleblowers have revealed that ‘Helloworld’ had not charged finance Minister Mathias Cormann and his family for international flights worth $2,780.82 in 2017. This was not long before it won a $1bn contract with the finance minister’s department. Investigations are...
by admin | Nov 9, 2019 | News & Analysis
Senior constable Lyn Jones, who gave evidence supporting a domestic violence victim’s privacy claim against police, says she is being targeted for reprisals because the case embarrassed police and laid bare institutional data privacy failures....
