The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
NSW Adviser banned for second time. – 15 August 2019
Sydney-based financial adviser Tarandeep Aujla has been banned from providing financial services for three years for failing to act in his clients’ best interest, including inappropriate recommendations for insurance.
The surveillance found Aujla did not obtain adequate information from clients about their personal circumstances. ASIC had previously banned Mr Aujila in 2009.
https://www.ifa.com.au/news/27076-nsw-adviser-banned-for-second-time
‘It sounded legit’: Scammers gouge hundreds of thousands from WA victims as NBN rollout draws to a close – 14 August 2019
Suspected computer and telco plan-specific scams are on the rise, prompting NBN Co to launch a campaign to empower Australians to recognise and prevent scammers. WA residents lost $253,000 to National Broadband Network scams in the past financial year.
Criminal drone activity a ‘real concern’ – 14 August 2019
Airservices Australia, a government-owned corporation, plans to catch rogue drone operators by using low altitude detection and tracking technology, which is currently in development. Drones not only present safety issues due to technical failures or misbehaving operators, but there are ‘very real concerns’ they will be used for criminal activities.
https://www.insideimaging.com.au/2019/criminal-drone-activity-a-real-concern/
Compliance in the Age of Digital Banking: An Overview – 14 August 2019
Article outlines the key compliance issues facing the banking industry with the use of “digital banking”. It also describes the types of fraud experienced by banks, money laundering costs, cross border issues, risks with open banking and GDPR regulations.
https://www.techfunnel.com/fintech/compliance-in-the-age-of-digital-banking-an-overview/
