Victims of Financial Fraud

Financial planning

The Victims of Financial Fraud has said it was “angry” with ASIC chair, James Shipton’s, handling of the Trio Capital scandal as while he had submerged “his own head in t...

Financial planning

VOFF accuses Labor of “politicising a crime” in Trio fraud

Aussie politicians make “politicised and dishonest decisions about ‘fraud’” despite having no law enforcement of forensic investigation skills, Victims of Financial Fraud...

Policy & Regulation

New minister Hume faces continuing Trio/Astarra claims

The newly-installed Assistant Minister for Financial Services, Senator Jane Hume, is being asked to review why the Government did not compensate some Trio/Astarra collaps...

Financial planning

VOFF calls for action against Trio director

Victims of Financial Fraud has called on ASIC to request that the Guernsey Financial Authorities question former director of a Trio Capital fund, Carl Meerveld....

Policy & Regulation

New calls for last resort compensation scheme

Rather than increasing funding to the regulators the Government should be pursuing a last resort compensation scheme, according to the Victims of Financial Fraud group....

Financial planning

VOFF letter added to Coalition’s woes

Victims of Financial Fraud has written to Treasurer Josh Frydenberg to remind him how vehemently the party objected to holding a Banking Royal Commission. ...

Financial planning

VOFF accuses ASIC and Shorten of collaboration post-Trio Fraud

Victims of Financial Fraud has accused Bill Shorten and the Australian Securities and Investments Commission in the aftermath of the Trio Fraud.Victims of Financial Fraud...

Financial planning

Trio fraud needs independent inquiry

A victims group has argued for an independent inquiry into the Trio Capital scheme which it said ASIC did not do, and pointed to a systemic failure of the entire financia...