The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
ASIC to crackdown on private investigators in general insurance claims – 6 March 2018
ASIC will now request insurers to provide more data and information about the use of surveillance. This comes amid concerns about the risk for financial inducements if surveillance results in a declined claim concerns in the highly unregulated private investigator industry.
Banker jailed after stealing $265,000 in elaborate fraud – 1 March 2018
Brisbane-based ANZ employee Justin Chung Pak Chia will face up to five years in jail, after allegedly using a false employee number to create a fake account. The account was used to steal $265,000 from a trust fund, in order to bet on the stock market.
The USA’s top financial watchdog is going after the ICO market with a wave of subpoenas – 1 March 2018
The US Securities and Exchange Commission has reportedly issued a number of subpoenas to persons associated with initial coin offering projects, in an attempt to expose potential fraud and non-compliant activity in the market.
Charges laid over $9m Sydney fraud – 28 February 2018
A 35-year-old man from Sydney has been charged for committing fraud worth over $9 million. It is alleged that the man fraudulently diverted almost $10 million from a financial institution into a personal banking account, between June 2016 and August 2017.
https://www.sbs.com.au/news/charges-laid-over-9m-sydney-fraud
