by admin | Mar 1, 2018 | News & Analysis
Brisbane-based ANZ employee Justin Chung Pak Chia will face up to five years in jail, after allegedly using a false employee number to create a fake account. The account was used to steal $265,000 from a trust fund, in order to bet on the stock market....
by admin | Mar 1, 2018 | News & Analysis
The US Securities and Exchange Commission has reportedly issued a number of subpoenas to persons associated with initial coin offering projects, in an attempt to expose potential fraud and non-compliant activity in the market. ...
by admin | Feb 28, 2018 | News & Analysis
A 35-year-old man from Sydney has been charged for committing fraud worth over $9 million. It is alleged that the man fraudulently diverted almost $10 million from a financial institution into a personal banking account, between June 2016 and August 2017....
by admin | Feb 26, 2018 | News & Analysis
Global information and analytics giant RELX has recently acquired technology company ThreatMetrix, and is set to join forces with risk solutions company LexisNexis to fight fraud and financial crime. The acquisition is set to pave the way for a more innovative...
by admin | Feb 26, 2018 | News & Analysis
The first round of hearings in Royal Commission into the Australian banks are set to begin in March. Lead by Kenneth Hayne, the probe will initially focus on case studies in areas such as home loans, car loans, credit cards, add-on insurance, credit offers and account...
by admin | Feb 25, 2018 | News & Analysis
A report from IBM security has revealed the ongoing campaigns from ‘cyber con-artists’, who engage in a scam known as Business Email Compromise (BEC). The attacks typically involve impersonating a senior employee, and sending out fake invoices and the like to gain...
