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Digital and financial capability partnership helps vulnerable people avoid scams with new courses – 18 August 2020

by admin | Aug 18, 2020 | News & Analysis

Australian Red Cross, Credit Union Australia (CUA) and Infoxchange have launched new free training courses to help people look after their money online and to identify scams....

Alarming spike in COVID scams as Australian bank accounts targeted – 17 August 2020

by admin | Aug 17, 2020 | News & Analysis

Scamwatch has received 24,000 reports of stolen personal information this year – an increase of 55 per cent compared with the same time last year. With more people working and socialising online. The Australian Consumer watchdog, has stated there has been a...

ATO suffers blow in pursuit of Huang Xiangmo for $140 million – 17 August 2020

by admin | Aug 17, 2020 | News & Analysis

Chinese billionaire Huang Xiangmo owes the ATO $140 million (made up of tax, interest and penalities) The appeals court has said however that his substantial offshore assets cannot be the subject of a freezing order. The ATO is expected to lodge an appeal against this...

Nigerian billionaire ‘betrayed’ when he agreed to sell a classic Aussie invention – 16 August 2020

by admin | Aug 16, 2020 | News & Analysis

Dr Benoy Berry was defrauded by agents of a Reserve Bank of Australia company (Securency). He was pursuaded to buy a unique Australian invention, “polymer bank notes’, that would be printed as the country’s 20 Naira note. Securency was found guilty of bribery...

Cromwell JV’s adviser stole $53k from ex-employer – 16 August 2020

by admin | Aug 16, 2020 | News & Analysis

The chief executive of the property adviser to ‘Cromwell’s proposed Stratus Cromwell Data Centre Fund’, pleaded guilty in 1997 to stealing $53,811 from his ex-employer, commercial real estate agent Jones Lang Wootton for which he was sentenced to 18 months with...

Lawyer called in to investigate SBS racism – 14 August 2020

by admin | Aug 14, 2020 | News & Analysis

An independent lawyer has been called in to investigate allegations of racism and bullying at SBS. Former staff claimed they’d endured racism in the newsroom and bullying from superiors....
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