Industry News
- Investigation & Fraud News – Week ending 26 April 2024Hackers scam staff member at one of Australia’s biggest law firms – 18 April 2024 One of the country’s top six law firms (MinterEllison), was the victim of an attempted scam attack, after one of its staff members was tricked into transferring a large sum of money into the account of a fraudster, impersonating a […]
- Investigation & Fraud News – Week ending 19 April 2024Criminals used an Australian company to launder $450,000, but no charges were laid – 9 April 2024 Peter Correy thought he was buying Treasury bonds from an Australian oil company, but instead, his money was sent offshore and the company refused to give it back. Weaknesses in Australia’s regulatory system are being exploited by criminals […]
- Investigation & Fraud News – Week ending 29 March 2024How can we protect critical infrastructure from cyber threats? – 22 March 2024 Chris Novak, managing director of cybersecurity consulting at Verizon Business talks about data breaches, ransomware, scams and cybersecurity. He says everyone from individuals to the highest levels of the government. In particular, companies like the telcos which are critical parts of our […]
- Investigation & Fraud News – Week ending 22 March 2024IT contractor sentenced for cybercrime and fraud offences after swindling more than $60k – 18 March 2024 A Sydney man has been sentenced to two years and six months imprisonment for swindling more than $66,000 from a dozen victims after abusing his role as an IT contractor with a third-party provider to the Australian National […]
- Investigation & Fraud News – Week ending 14 March 2024Spanish police uncover Banksy fakes workshop, four arrested in alleged syndicate – 6 March 2024 Four people have been arrested in Spain accused of running a syndicate selling counterfeit Banksy artworks. The ring is suspected to have sold at least 25 works around the world at prices up to 1,500 euros ($2,480) a piece. Police are […]
- Investigation & Fraud News – Week ending 8 March 2024As David McBride braces himself for a prison sentence, what will it take for the public to care about whistleblowers? – 4 March 2024 McBride pleaded guilty in November to leaking sensitive classified military information to the ABC because he said the law as it stood for whistleblowers left him with no other choice. The […]
- Investigation & Fraud News – Week ending 1 March 202412 stories this week: Class action filed as Apple and Google are accused of breaching legislation – 22 Feburary 2024 Millions of Australians are unknowingly taking on Apple and Google in a massive class action beginning next month. The tech giants are accused of breaching Australian Consumer Law, by forcing app developers to use […]
- Investigation & Fraud News – Week ending 23 February 202414 stories this week: Insurance industry accuses ‘claim management’ services of misleading customers, increasing premiums – 15 February 2024 The Insurance Council of Australia says claim management companies use misleading tactics to attract customers. The companies act as intermediaries for insurance claims but often add extra fees to the claim. The industry would like […]
- Investigation & Fraud News – Week ending 16 February 202415 stories this week: Golf Course Developer Ensnared in Tax Scandal – 9 February 2024 Hightrade Group executive Li Zhang has been sentenced to 10 years in prison, for conspiring with the intention to cause a loss to the Commonwealth of $ 15 million. The fraud involved the use of multiple related companies that […]
- Investigation & Fraud News – Week ending 9 February 202414 stories this week: William O’Dwyer sentenced to four years’ jail over Ralan collapse – 2 February 2024 Former high-flying Sydney and Gold Coast property developer William O’Dwyer was handed a four-year jail term on Friday after pleading guilty to six fraud-related charges following the $560 million collapse of his Ralan Group in 2019. […]