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Perth financial adviser banned by ASIC after stealing conviction – 14 November 2018

by admin | Nov 14, 2018 | News & Analysis

A Perth financial adviser will never be able to provide financial services or engage in credit activities in Australia again after he was convicted of stealing more than $100,000 from clients superannuation accounts. ASIC may ban anyone convicted of fraud under...

An official Google account on Twitter was hacked by cryptocurrency scammers trying to convince people to send them bitcoin – 14 November 2018

by admin | Nov 14, 2018 | News & Analysis

The official Twitter account for Google’s G Suite was the latest to fall victim to a cryptocurrency giveaway scam on Twitter. The post has since been deleted, and spokespeople from Google and Twitter say the companies are working together to investigate the hack of...

‘Leprosy spores’: UBS sued over billions in ‘catastrophic’ bonds – 9 November 2018

by admin | Nov 9, 2018 | News & Analysis

Global banking giant UBS, was hit with a long-expected fraud lawsuit by the US accusing it of fuelling the 2008 global financial crisis by deceiving investors, who bought tens of billions of dollars of risky mortgage-backed securities....

Real estate agent admits lying about scale of alleged fraud – 8 November 2018

by admin | Nov 8, 2018 | News & Analysis

Darwin real estate agent Chris Deutrom has admitted in court he “lied” and “panicked” when confronted by Elders management about redirecting $234, 000 In advertising rebates into his personal bank accounts to pay off credit cards and to help...

Queensland liquidator pleads guilty to fraud – 8 November 2018

by admin | Nov 8, 2018 | News & Analysis

A former Brisbane liquidator has pleaded guilty to embezzling $800,000 from a property development company he’d been appointed to dissolve, after it was wound up following a court application by ASIC....

Attackers breach Statcounter, target cryptocurrency site – 7 November 2018

by admin | Nov 7, 2018 | News & Analysis

Malicious attackers breached Web analytics platform Statcounter on 3 November and inserted JavaScript that would target the cryptocurrency exchange gate.io. The inserted code had the effect of creating a Web page that would transfer bitcoin to an external bitcoin...
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