The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Taskforce Integrity stamps out welfare system abuse – 31 December 2020
More than $13 million in welfare payments have been recovered and about 650 matters referred for criminal prosecution, under a joint Services Australia and Australian Federal Police (AFP) Taskforce. The Taskforce detects and disrupts criminal activity within the welfare system.
https://www.miragenews.com/taskforce-integrity-stamps-out-welfare-system-abuse/
Regulators consider early intervention to protect vulnerable investors – 24 December 2020
An international regulatory task force, co-chaired by the Australian Securities and Investments Commission (ASIC), says early intervention may be needed to protect vulnerable retail investors during pandemic market conditions.
Westpac executives escape penalties after ASIC ends investigation into the bank’s alleged compliance failures – 24 December 2020
ASIC has decided against penalising any Westpac executive for their roles in its 23 million breaches of anti-money laundering and counter-terrorism financing laws.
https://www.businessinsider.com.au/westpac-asic-executive-penalties-2020-12
South Australian Ombudsman investigation highlights Burnside Council’s corporate credit card abuse – 21 December 2020
SA’s ombudsman found Burnside Council is guilty of maladministration over its use of corporate credit cards that are funded by tax payers. The report found issues with credit card expenditure on food and alcohol.
