by admin | Oct 21, 2020 | News & Analysis
The explosive revelations this week by The Age, the Herald and 60 Minutes show how wealthy individuals and companies use offshore secrecy to avoid tax. At least 100 Australians using the Euro Pacific Bank housed in Puerto Rico, a known tax haven, are under...
by admin | Oct 21, 2020 | News & Analysis
NSW Police have arrested and charged the 38-year-old Sydney woman ‘Srinivas Naidu Chamakuri’ for her alleged involvement in attempting to launder $21.6 million, from NAB through a fraudulent deposit scheme. Police allege the syndicate was using fraudulent bank deposit...
by admin | Oct 20, 2020 | News & Analysis
The public sector’s financial watchdog has found “significant weaknesses” in the Department of Communities’ procurement and payroll processes less than a year after the state’s biggest-ever corruption scandal was uncovered involving a...
by admin | Oct 20, 2020 | News & Analysis
Banned financial planner Sam Henderson, one of the Hayne royal commission’s most high-profile witnesses, has narrowly avoided spending Christmas behind bars, receiving a $10,000 penalty for dishonest conduct....
by admin | Oct 19, 2020 | News & Analysis
The massive Twitter hack that took place back in July came about due to stolen VPN credentials. It has now been revealed that Twitter employees were tricked into handing over their account details by hackers that had managed to create a site that looked identical to...
by admin | Oct 19, 2020 | News & Analysis
A Victorian man has been arrested over financial investment scams. Police found more than 40 false business names, a large number of international passports used to open bank accounts and fake websites that were used lure in victims....
