The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
ASIC moves against REST on false and misleading charges – 2 March 2021
The regulator has announced the commencement of civil penalty proceedings in the Federal Court, against Retail Employees Superannuation Pty Ltd (REST), for false or misleading representations made about the ability of its members to transfer their superannuation, out of the Retail Employees Superannuation Trust (the fund).
More AUSTRAC bumper fines on the way, PwC warns – 2 March 2021
PwC’s financial crimes specialist Peter Forwood, says AUSTRAC-regulated entities should brace themselves for more billion-dollar fines, as eye-watering penalties now form a central part of the enforcement strategy.
(Access to digital version of AFR required.)
NSW Police technology to be propelled into 21st century in US partnership – 2 March 2021
A new partnership with an American technology company will propel the decades-old policing systems into the 21st century, making it faster, simpler and safer for officers responding to emergencies and investigating crimes. The cloud-based program, known as the Integrated Policing Operating System (IPOS), will replace the force’s 27-year-old central database and will be used for everyday operations including triple zero calls, arrests and charges, criminal investigations and forensics.
What kind of person defrauds family and friends like Melissa Caddick? – 1 March 2021
There are a number of different types of fraudsters, and the motivations – and reactions when they are caught – will vary depending on the type. Article goes through these types of fraudsters in detail.
