The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Commonwealth Bank facing APRA Probe – 28 August 2017
APRA Chairman Wayne Byres has announced a public inquiry into CBAs culture, governance and accountability frameworks. The probe follows the recent allegations that Commonwealth Bank had breached a number of anti-money laundering laws. The inquiry will be undertaken by an independent panel, and is expected to take about six months.
Indian opposition calls for investigation into Adani over financial fraud allegations – 26 August 2017
The Indian opposition has called for a probe into Adani after Indian customs intelligence documents alleging the group inflated invoices on a project in India were published.
Alleged mastermind behind tax evasion scheme – 23 August 2017
Phillip Whiteman is current under investigation by the ATO, after undertaking an illegal practice known as “phoenixing”. He allegedly advised hundreds of clients on how to put their companies into liquidation, and then start them up again under a different name while cheating creditors.
http://www.abc.net.au/news/2017-08-24/philip-whiteman-ordered-to-pay-$8.5m-to-ato/8837992
WannaCry ransomware attack at LG Electronics takes systems offline – 22 August 2017
LG Electronics has been the latest victim of an attack from rampant ransomware WannaCry. Although there were measures put into place to prevent further spread of the malware earlier this year, the ransomware continues to infect unpatched systems.
http://www.zdnet.com/article/wannacry-ransomware-attack-at-lg-electronics-takes-systems-offline/
