The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Clamp down on cryptocurrency exchange to tackle cyber crime – 15 March 2021
Graeme Newman, an insurance expert say more must be done to clamp down on exchanges that allow cyber criminals to launder billions of dollars via cryptocurrencies.
APRA drops Westpac laundering case – 12 March 2021
The prudential regulator says Westpac Banking Corp’s anti-money laundering failings did not amount to a breach of the Banking Executive Accountability Regime (BEAR) or the Banking Act and it has closed its investigation into the bank, two-and-a-half months after ASIC also shut its probe.
https://www.afr.com/companies/financial-services/apra-drops-westpac-laundering-case-20210312-p57a68
(Access to digital version to AFR may be required to read this article.)
Man charged with fraud over alleged $400 million NDIS scam – 11 March 2021
A Victorian man, Demetrios ‘James’ Charisiou, who allegedly convinced two major Korean investment houses into investing $395 million in fake NDIS-related property deals has been charged with fraud. Police will allege the finance was purported to be for the purchase of Melbourne apartment buildings and their planned lease.
Queensland man jailed over Gumtree fraud – 2 March 2021
A man who forged bank transfer receipts to buy excavators and high-end cars worth more than $770,000 has been sentenced to seven years behind bars.
https://au.news.yahoo.com/queensland-man-jailed-over-gumtree-042142740.html
