The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Lawyer laundered money as he wanted to make $US50 million by age 50 – 22 November 2019
Mark Scott was a high-flying lawyer before getting caught up in a massive cryptocurrency ‘OneCoin” scam that induced victims to invest. He has been accused of using a variety of shell companies, overseas bank accounts and dodgy investment funds to cover up the source of the $US400 million ($A588 million) he laundered.
Former Unique Estates founder Nicolette van Wijngaarden sentenced to more than three years jail for trust account fraud – 21 November 2019
Luxury real estate agency Unique Estates founder Nicolette Van Wijngaarden, has been sentenced to three years and six months in jail after pleading guilty to a $3.69 million trust account fraud. She was charged with 15 fraud offences, with the case being the largest crime of its kind in NSW.
Damning findings made about Yarriambiack Shire Council after whistleblower triggers probe – 21 November 2019
A 2019 investigation into the Yarriambiack Shire Council has found deficiencies in the organisation including $1 million of “unrecoverable” rates, staff using council credit cards without permission and non-digital filing in a shipping container.
ASIC releases whistleblower guidance ahead of implementation of new laws – 21 November 2019
The Australian Securities and Investments Commission (ASIC) has released guidance for upcoming changes to the Corporations Act that will require large proprietary and public companies to have whistleblower policies in place by 1 January 2020. The guidance includes a number of mandated items in addition to those required by legislation.
