The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Fourth Plutus tax fraud conspirator sentenced to jail – 10 July 2020
Devyn Hammond has been sentenced to four years jail with two and a half years without parole, after she pleaded guilty to conspiring to cause loss to the Commonwealth and laundering almost $150million. The fraud involved Plutus Payroll skimming pay as you go tax and GST through a network of second-tier companies headed by dummy directors over three years.
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Wirecard’s local sales process begins – 10 July 2020
An auction for scandal-plagued Wirecard’s Australian and NZ operations is set to start next week as local customers scramble to distance themselves from the group.
A gambler had his betting account frozen after losing millions — then another two companies came knocking – 9 July 2020
A former financial planner lost $8 million of his own and other people’s money betting on racing and sports. AUSTRAC, states that betting agencies like Tabcorp must comply with “know your customer” provisions. That means they must properly check identification documents and have a program in place to deal with high-risk customers.
Man cops five-year jail sentence for $13k tax refund – 7 July 2020
A Queensland man used stolen identities to get his hands on fraudulent tax refunds and social security payments. He also made false Centrelink claims and impersonated customers and redirected payments to his bank account. In this article the ATO, describes ways to prevent identity theft.
https://au.finance.yahoo.com/news/ato-tax-crime-warning-014217140.html
