by admin | Oct 11, 2017 | News & Analysis
A recent study has suggested that financial incentives for whistleblowing can delay reports of fraud, by hijacking the moral motivation to do the right thing. Furthermore, the study also found that such rewards can distort the reporting process....
by admin | Oct 11, 2017 | News & Analysis
The University of Melbourne has become the first Asia-pacific institution to issue recipient-owned academic credentials on a Blockchain. An open-source mobile app will allow students to store and access their credentials on the go. ...
by admin | Oct 10, 2017 | News & Analysis
A former Hockeyroo has pleaded guilty to falsifying claims that she was terminally ill, in order to receive a $73,000 salary from a benefactor through cancer charity Redkite. Kate Hubble forged numerous documents and letters from medical professionals to support her...
by admin | Oct 9, 2017 | News & Analysis
Najam Shah will face 5 years jail time following a scheme that generated up to $170 million in stolen funds. Shah was behind a fraudulent home-loan scheme run from Melbourne’s Myra Home Loans, and has pleaded guilty to one count of conspiring to defraud financial...
by admin | Oct 6, 2017 | News & Analysis
Areas in china with low education levels have seen a flourish of Pyramid schemes, resulting in vulnerable citizens being targeted and over charged for common consumable goods, such as cosmetics or health supplements. This is a critical social problem, that authorities...
by admin | Oct 4, 2017 | News & Analysis
The elimination of the need for a third party such as banks in financial transactions – a feature of Blockchain, is likely to reduce the likelihood of financial fraud. This feature makes it difficult to hack and manipulate financial records....