Tag: Fraud
Were Banks included in these figures along with other corporate bodies?
However even forget that, the greatest scammers that targeted Australia were actually Captain Cook from the very first moment of discovery and it continued from then until invasion day and thereafter till now. Conservatives want all of this history written out of the Australian narrative? Far too inclusive for them it seems and it might lead to TREATY and RECOGNITION. We can’t have that!! Why is NZ so different to us when it comes to an honest and shared history of their nation? Why is it that it threatens Conservatives in the IPA, LNP and News Corp so much? Their paid for News Corp voice simply calls shared historical fact as “fake” but not so the ABC that opens these stories to be shared to us all? (ODT)
Stock broker collapse traps $200m from thousands of investors
The demise of Halifax Investment Services has led to the assets of 12,000 accounts being frozen as administrators figure out what went wrong.
“Halifax was the subject of an enforceable undertaking with ASIC in 2013 following regulatory action by the Australian Securities and Investments Commission over a slew of concerns about the operations of the business.”
It’s not the first time
When Corporations go to the wall it’s the the “free market” when the economy is rocked it’s the the “free market”. When the economy is on the rise it’s Liberal” good management,” When unemployment is rising it’s the “free market” When welfare is cut it’s Liberal “good management”. Someone seems not to have a clue when 12,000 investors are seperatedfrom their money. (ODT)
Australia Institute finds employers get six hours’ free work a week from each employee, while thousands are underemployed
The Trumps were typically way more than mere licensors or bystanders in their often-troubled deals. They were deeply involved in these projects. They helped mislead investors and buyers — and they profited handsomely from it.
via Trump Reportedly Duped Investors and Profited Handsomely for Years
The Commonwealth Bank has spent seven years denying and covering up the role of its staff in a $76 million loan fraud that has left unwitting customers homeless.
via CBA still in denial as fraudsters sentenced to a decade in jail
Our banks protect us with experts in fraud or should that be amateurs? (ODT)
The director of a business that provides fraud detection services to Australia’s major banks runs at least two other companies with a man who has been jailed for financial crimes.
Sydney IT entrepreneur Devendra Gupta is the founder of Paradigm.One, a telecommunications software company that boasts the Commonwealth Bank, Westpac and NAB, as well as major telcos Optus, Telstra and Vodafone, among its clients.
Paradigm.One’s fraud detection systems are designed to stop thieves from stealing banking customers’ details during scenarios where people transfer their mobile numbers to a different phone carrier or service.
Devendra Gupta is also the director of property investment firm Starin and the Australia India Film Fund, organisations with which he shares office with businessman Yateender Gupta, who was in 1999 sentenced to two years behind bars for white-collar fraud. The Australian India Film Fund financed cricketer Brett Lee’s Bollywood film debut, Unindian.
via Big banks’ fraud detection provider linked to man with criminal past
Indictment claims Benjamin Netanyahu’s wife misused more than £76,000 of public money ordering hundreds of meals to official residence
via Sara Netanyahu: Israeli PM’s wife charged over alleged misuse of state funds | The Independent
Israeli Prime Minister Benjamin Netanyahu’s claim in his theatrical 20-minute presentationof an Israeli physical seizure of Iran’s “atomic archive” in Tehran would certainly have been the “great intelligence achievement” he boasted if it had actually happened. But the claim does not hold up under careful scrutiny, and his assertion that Israel now possesses a vast documentary record of a covert Iranian nuclear weapons program is certainly fraudulent.
Netanyahu’s slide show revealed more than just his over-the-top style of persuasion on the subject of Iran. It provided further evidence that the claims that had successfully swayed the U.S. and Israeli allies to join in punishing Iran for having had a nuclear weapons program were based on fabricated documents that originated in the state that had the strongest motive to make that case – Israel.
via The Latest Act in Israel’s Iran Nuclear Disinformation Campaign | The Smirking Chimp
By February 7 this year, the syndicate which allegedly ran the Plutus Payroll scam had become very nervous about the future of their massive, $165 million fraud.
Source: The cocaine-snorting businessman the ATO conspirators hoped would be their patsy
A new report from The Washington Post cites recent IRS filings to confirm previous allegations that President-elect Donald Trump’s private charitable foundation engaged in illegal “self-dealing” activities, a story Fox News originally ignored when Trump was the Republican presidential candidate.On November 22, The Washington Post’s Davi
Dr Evan Jones continues his six-part analysis on the series of parliamentary inquiries into systemic bank corruption as the victims of fraudulent foreclosures continue to wait for justice.
Cleaners working for retail giant Myer say they are being underpaid and denied entitlements through an illegal practice known as sham contracting.
Volkswagen has suffered a shocking loss of credibility after conspiring to violate US pollution laws and dupe customers on a systemic scale.
Source: VW’s ‘dirty diesel’ cover-up taints Germany and its car industry
