Posts tagged "fraud"

ASIC has revealed its enforcement priorities with suspicious crypto companies, investment scams and greenwashing at the top of its hit list.

Anyone who is a director of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation is required to register and director identification number by November 30.

The research found the largest amount stolen by an employee was $27.4 million, with six cases involving at least $10 million being misappropriated.

Optus has fallen victim to a major data breach, potentially exposing the personal information of millions of customers, including small businesses.

For as long as the financial services sector has existed, unscrupulous entities have found ways to exploit weak spots for personal gain.

The ATO's new small business chief has urged those with unpaid debts to come forward and ask for help, offering a gentle touch just months after leading raids on 19 people suspected of GST fraud.

It is "critical" for small businesses to protect their payments with Australia's new eInvoicing protocol, Minister for Financial Services and Assistant Treasurer Stephen Jones says.

There were 228 reports of imposter bond scams between January and June, compared with 82 reports in the same period last year, Scamwatch revealed on Wednesday.

ACCC boss Gina Cass-Gottlieb has outlined her favoured approach for reducing the ‘financial and emotional devastation’ that scammers cause Australians.

The Australian Taxation Office has warned taxpayers to look out for yet another email scam skimming login information from victims.

The media is rife with cases of scammers and fraudsters, but deep down most business owners think it won’t happen in their company.

Scam artists are advertising on social media platforms like Facebook, Twitter, and Instagram, harming unsuspecting victims in the process.