Category: Fraud Charges

The Offence of Fraud in New South Wales


A 43-year old tour operator from Illawarra has been sentenced in Downing Centre Local Court after pleading guilty to five counts of fraud under section 192E of the Crimes Act 1900 (NSW). Tony Petrovski admitted making 82 unauthorised transactions totalling $429,318 from the business account of his employer Imperial China Tours between March 2011 and ...

The Panama Papers: A Lesson in Tax Avoidance


An Oxfam report released on 20 January revealed that last year 26 billionaires owned the same amount of wealth as the poorest 3.8 billion people around the globe. This was down from 43 individuals the year before. And this extreme wealth disparity is accelerating every year. As has been exposed over recent times, some amongst the ...

Government Breaks Promise to Crackdown on Tax Avoidance by Multi-Nationals


By Zeb Holmes and Ugur Nedim The federal government has broken a promise to establish a public register of overseas shell companies owned by companies operating in Australia. The proposal was intended to assist in the detection and prosecution of illegal activities such as tax evasion by multi-national companies, as well as inform legislation designed ...

Royal Commission Denounces Top NAB Executives


Right before the Conclusion of Volume 1 of his recently released final report, sole banking royal commissioner Kenneth Hayne QC took special aim at the National Australia Bank and specifically made scathing comments about its chief executive Andrew Thorburn and his chair Dr Ken Henry. And as a result, by the end of the last ...

Banking Executives Expected to Face Criminal Charges


Australia may soon join Iceland, the only other country in the world to gaol top banking executives for misconduct. In delivering a scathing final report of the findings of the Royal Commission’s hearings into the finance industry, Commissioner Kenneth Hayne made 76 recommendations, referring 24 additional cases to industry regulators and two for consideration for ...

Watchdogs Under Fire for Accepting Gifts


By Sonia Hickey and Ugur Nedim The Australian Investment and Securities Commission (ASIC) and Australian Competition and Consumer Commission (ACCC) are under fire for failing to declare gifts from the businesses they’re supposed to be regulating. ASIC is an Australian government body that is empowered to act as our nation’s corporate regulator. Its primary role ...

Man Pleads Guilty After Posing as Police to Get Maccas Discount


Police officers are notorious for capitalising on freebies, none more infamous than the ‘Maccas discount’ which allows them to purchase tasty burgers, fries and other greasy goodies at rock bottom prices. And it seems the lure of cut-price fast food is irresistible to some. Guard gives it a go 43-year old Lawrence O’Dricoll Faitaua from ...

Woman Imprisoned for False Sexual Assault Allegations


A former police worker has been sentenced to a minimum of two years behind bars after she pleaded guilty to falsely accusing her ex-partner of sexual assault. 28-year old Sarah-Jane Parkinson entered pleas in November last year to two counts of making a false accusation to police and two of public mischief, after claiming to ...

Junior Lawyer Imprisoned for Multi-Million Dollar Fraud


By Ugur Nedim and Sonia Hickey Sydney lawyer Brody Clarke came from a privileged background, benefited from a stellar education and was employed by investment banks Goldman Sachs and JP Morgan before turning his hand to law in his early thirties. But it all came undone when the now 36-year old engaged in an unsophisticated scheme ...

Cover Your Cam! Hackers are Demanding Money for Intimate Images


By Zeb Holmes and Ugur Nedim Internet crimes such as accessing computers without authorisation and downloading personal information are on the rise in Australia. They now represent a multi-billion dollar industry, facilitating financial crimes such as credit card fraud and identity theft and enabling domestic violence offences such as cyber-stalking. But one particularly insidious form ...