The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Former Hockeyroo Kate Hubble feigned cancer to cheat charity in elaborate scheme – 10 October 2017
A former Hockeyroo has pleaded guilty to falsifying claims that she was terminally ill, in order to receive a $73,000 salary from a benefactor through cancer charity Redkite. Kate Hubble forged numerous documents and letters from medical professionals to support her claims, however has since pleaded guilty to four charges of making and using false documents.
Jail time for man behind Australia’s biggest home loan swindle – 9 October 2017
Najam Shah will face 5 years jail time following a scheme that generated up to $170 million in stolen funds. Shah was behind a fraudulent home-loan scheme run from Melbourne’s Myra Home Loans, and has pleaded guilty to one count of conspiring to defraud financial institutions.
China hit by financial scam ‘epidemic’ – 6 October 2017
Areas in china with low education levels have seen a flourish of Pyramid schemes, resulting in vulnerable citizens being targeted and over charged for common consumable goods, such as cosmetics or health supplements. This is a critical social problem, that authorities are only just beginning to crack down on.
Blockchain will reduce financial fraud – 4 October 2017
The elimination of the need for a third party such as banks in financial transactions – a feature of Blockchain, is likely to reduce the likelihood of financial fraud. This feature makes it difficult to hack and manipulate financial records.
http://www.turkeytelegraph.com/technology/blockchain-will-reduce-financial-fraud-h4985.html
