Wallabies sponsor hit with ASIC action over its financial betting products
The corporate watchdog says 20,000 Australian customers of eToro lost money trading products known as contracts for difference.
- by Sarah Danckert
Latest
‘G’day cobber’: Australia requests Curaçao crack down on online casinos
The Dutch Caribbean is a hotbed for online casinos, many of which have been found by Australian authorities to be illegally advertising to and serving Australian gamblers.
- by Sarah Danckert
How this executive is readying for a boom in financial crime reporting requirements
The federal government is considering new rules that would require real estate agents, accountants and lawyers to report suspicious transactions. But are these industries ready?
- by Sarah Danckert
‘Everyone thinks I’m a criminal’: The Millennial money manager and the missing millions
Mitchell Atkins, 31, is desperately trying to save his “$1 billion” business empire and reputation. But the corporate watchdog, liquidators and disgruntled investors say the money is missing.
- by Sarah Danckert
‘How did this not trigger alarm bells?’ Spotlight on NAB’s failings in major fraud
NAB’s easy escape from a big fine from the financial crime regulator raised eyebrows. A major fraud case casts doubt on whether the bank has changed its ways.
- by Sarah Danckert
Australian-based Stake.com founders dodge $580 million claim
A US judge dismissed the case for jurisdictional reasons, but granted leave to the former business partner to amend his claim and refile it in the next 30 days.
- by Sarah Danckert
Private equity group stalks PwC government consulting arm
The embattled consulting firm has sought to ring-fence its government business to spare it from the carnage of the fallout of its tax leaks scandal.
- by Sarah Danckert
Millennial money manager who spruiked Lamborghini fund cops travel ban
Magnolia Capital managing director Mitchell Atkins, 30, once managed $28 million of investors’ money. Now he’s bankrupt and facing an ASIC investigation.
- by Sarah Danckert
Pact takes on Qube as tit-for-tat at the docks lands in court
Logistics giant Qube will be forced to return nearly a tonne of material to Pact Group after the packaging house was able to convince a court the viability of its business was under threat.
- by Sarah Danckert
Investigation
White collar crime
The perfect fall guy: How hackers used stolen Australian IDs to pull off a major US fraud
The fraud against an investment house tied to one of America’s biggest companies, TPG Capital, sounds more suited to the pages of a modern-day financial crime thriller.
- by Sarah Danckert
PwC hands over names of all staff involved in tax scandal
The names include four partners at the heart of the scandal along with 63 staff and partners who received emails containing confidential information on changes to multinational tax avoidance laws.
- by Colin Kruger and Sarah Danckert