The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
‘The mother of all crypto scams’: Bitcoin’s price manipulated during ‘meteoric rise’, researchers find – 15 June 2018
Already down more than 50 per cent from its peak at the height of crypto-mania last year, bitcoin has been battered this week by fresh claims its price has been artificially manipulated by the digital currency ‘Tether’. Tether is a so-called “stablecoin” pegged at one-to-one value with the US dollar. Its alleged that Tether is actually being printed out of thin air, without corresponding dollar deposits thereby pushing cryptocurrency prices up.
Man behind Fyre Festival disaster busted for scamming attendees – again – 14 June 2018
Billy McFarland, the promoter of the disastrous Fyre Festival went back to defrauding people after he was arrested last year. He was rearrested Tuesday and charged with earning $130,000 by selling fake tickets to exclusive fashion, music and sporting events through NYC VIP Access, a company he controlled.
Judge scolds lawyers for ‘epistolary grenades’ in $8M fraud case – 13 June 2018
Article talks about a civil case connected to an $8 million fraud by a former solicitor (Brody Clarke) with law firm Atanaskovic Hartnell. Clarke, which allegedly funnelled the clients’ funds into a personal Westpac bank account and gambled it away, faces criminal charges.
https://lawyerly.com.au/judge-scolds-lawyers-epistolary-grenades-8m-fraud-case/
Don’t get caught out by these tax time scams – 13 June 2018
As the end of the financial year looms on June 30, it’s a peak time for scammers, who bank on hitting businesses and individuals with official-looking emails and texts from financial institutions, and government agencies including ASIC, Australian Taxation Office (ATO), CBA and NETFLIX
