by admin | Oct 10, 2018 | News & Analysis
South Africa should seek damages from global auditor KPMG for the role it played in a corruption scandal that saw at least R1.9 billion ($130 million) stolen from local bank VBS, a central bank investigation published on Wednesday said. The probe, carried out by a...
by admin | Oct 9, 2018 | News & Analysis
Currency scams and illegal business dealings give Bitcoin a bad name. And while Bitcoin Australia likes to show our audience the potential and awesomeness of cryptocurrencies, it is important to remember that this is not always the case. This article has rounded up...
by admin | Oct 9, 2018 | News & Analysis
A middle-aged Queensland man with a history in criminal investigation, says falling victim to an online scam is a reminder that anyone can be targeted. He handed over a diagnostic mechanics tool that retails for about $13,000, but did not receive the money for the...
by admin | Oct 8, 2018 | News & Analysis
The Swiss banking giant UBS goes on trial to face accusations it orchestrated a huge tax fraud scheme for wealthy French clients, with potential fines of billions of euros. The inquiry was opened after a former employee alerted authorities over the bank’s...
by admin | Oct 8, 2018 | News & Analysis
A fourth former NAB employee (Mathew Alwan), has been banned from working in financial services, for his part in an alleged fraud ring that abused the bank’s “introducer” home loan referral program. ASIC is now considering whether to refer a brief...
by admin | Oct 5, 2018 | News & Analysis
China secretly inserted surveillance microchips into servers used by major technology companies, including Apple and Amazon.com. US officials long have worried about the potential for altered microchips or other components to be secretly inserted into products and...
