The actions of Sydney fraudster Melissa Caddick have resulted in heavy costs for the financial advice subsector, as the FAAA calls for costs of enforcement against unlice...
Financial planner, Gavin Fineff, used his position as a trusted adviser to swindle a dozen victims and feed an insatiable gambling addiction that ultimately landed him in...
A former Sunshine Coast adviser has been sentenced after pleading guilty to nine counts of fraud totalling $625k by withdrawing funds without authorisation from his clien...
A Tasmanian director has been sentenced to jail for a $1.8 million fraud scheme, where many of the victims were pensioners who had been targeted by cold-callers. ...
Mark McCabe has been charged for dishonestly obtaining over $940,000 from eight people, seven of whom were clients of his companies....
A former Tasmanian-based financial adviser has been convicted of fraud....
Financial advisers should not neglect their cybersecurity as the fast switch to remote working may have left them with inadequate protection....
An unregistered managed investment scheme operator in Western Australia has been charged with defrauding investors of $36.5 million in 50 counts of fraud....
Dr Roger Munro has been sentenced to four and a half years imprisonment after pleading guilty to three counts of fraud....
The cost of fraud to financial services in Australia is 3.78 times the amount of the lost transaction value, according to a study....
The Queensland property developer has been found guilty of six counts of self-managed super fund fraud totalling $345,000, having initially arrested back in 2017....
The Tax Practitioners Board has terminated the registration of a tax practitioner who filed 100 tax returns without checking the identity of the clients....
The corporate watchdog allege that Brett Gordon withdrew $502,000 from self-managed super fund bank accounts without authorisation, and paid personal debts using funds be...
Superannuation members need to regularly check their balance given the scams and fraud activity surrounding the early release of super scheme, a super body has said....
We all need to keep our vigilance high during these extraordinary times, but perhaps nowhere is our attention more warranted than over money and data, writes Dean Martin....
Just 15 per cent of advisers said they may exit the industry over the next few years, Thats about 2,300 advisers! if ...
I think Mr. Toohey's conclusions and extrapolations are "currently" merging on the typical SMSF issue of "....prone to ...
What happened to the 700,000 million of MLC if $1.2 Billion was migrated to Expand but Expand had only 512 Million in in...