The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
The Facilitator: how a dirty accountant washed millions for crime ring – 10 September 2018
Article tells how proceeds of drug crime and ATO fraud was investigated by policy using money trails and phone intercepts. Drugs in kite surfing bag were also seized at the airport and $5m hidden in a home. Several accountants and lawyers involved in the criminal activity could face prison time.
‘How could this happen?’: students embroiled in school fee scam – 9 September 2018
In a shocking breach of trust and responsibility, several international students transferred money into Kate Choi’s bank accounts, thinking they were paying tuition fees. They’d hired Choi to help them navigate Australia’s education system.
ASIC: We’ll be watching ICOs and cryptocurrency carefully – 8 September 2018
In its 2018 to 2022 corporate plan, ASIC has reaffirmed its intentions to keep a close watch on the cryptocurrency space, especially ICOs and other token offerings to minimise consumer harm. With plans for a closer look at regtech in the coming years, and a greater focus on technology and digitisation of systems. It will also be monitoring the outcomes achieved by the ASX’s blockchain replacement of the old CHESS system.
https://www.finder.com.au/asic-well-be-watching-icos-and-cryptocurrency-carefully
Airline hack hits 380,000 passengers – 8 September 2018
HACKERS have obtained the credit card details of some 380,000 British Airways traveller’s during a two-week data breach that has left them vulnerable to financial fraud. The hack once again puts the spotlight on the strength of the IT systems at major companies, as they expand their digital services.
