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Ex-broker Sentenced to Jail – 11 August 2017
Former mortgage broker Michael Samra has been sentenced to eight years and nine months imprisonment for financial deception that occurred in 2009, totalling $1.902 million.
http://www.brokernews.com.au/news/breaking-news/exbroker-sentenced-to-jail-239801.aspx
More Pseudo-ransomware attacks are probably on the way – 11 August 2017
A recent quarterly report suggests that the trend toward ransomware attacks will continue throughout 2017, with hacks expected to target data destruction rather than pure financial gain.
https://techcrunch.com/2017/08/08/kaspersky-labs-malware-quarterly-report-ransomware-august/
Lobster plot: Alleged Mafia boss promised post-dinner donation of ‘swag of money’ – 11 August 2017
An investigation into a dinner between Victorian opposition leader Matthew Guy and an alleged Mafia boss has been launched by Four Corners and Fairfax Meida after obtaining a series of phone records.
It is alleged that the men were plotting to funnel a large party donation into smaller amounts, so that the donation could not be traced back to the source.
Guy has since referred the matter himself to Victoria’s anti-corruption commission, IBAC, claiming no illegal actions have been taken.
Apple and Google pull hundreds of trading apps from stores over fears of financial scams – 4 August 2017
ASIC has cracked down on online fraud after it conducted a review of mobile app stores, focusing on binary options trading. Since being contacted by ASIC, Apple and Google have removed relevant apps from their respective stores.