The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
ASIC winds up illegal investment scheme – 29 July 2020
ASIC has taken action to wind up the unregistered investment scheme ‘MyWealth Manager’, after finding that funds of approximately $7 million raised by the scheme, were not invested for the promoted purposes.
https://www.moneymanagement.com.au/news/financial-planning/asic-winds-illegal-investment-scheme
Gold Coast tax professional jailed for stealing almost $200K through false BAS – 28 July 2020
Alana Hodge who managed tax obligations for seven businesses, lodged 47 false Business Activity Statements (BAS) and amendments without her clients’ knowledge. She then tried to obtain around $65,000 in GST refunds.
The Invoice Lands In The Corporate Cyber Fraud Spotlight – 27 July 2020
Often the invoice at the center of the crime during payment fraud. The article looks at the invoice’s role in supplier payment redirect scams and credential theft..
https://www.pymnts.com/news/b2b-payments/2020/data-digest-payments-fraud-invoice/
Elaborate virtual kidnappings sting Sydney students for millions – 27 July 2020
Eight ‘virtual kidnappings’ have been reported to NSW Police this year, with scammers targeting Chinese international students and successfully stealing $3.2 million in ransom payments.
