Developer forced to repay $11m ‘washed’ in tax fraud
The liquidators of Plutus Payroll will recoup over $11 million sent to a blackmailer threatening to expose what is now known as Australia's biggest tax fraud.
corporate crime
China food giant sued for Aussie wheat-market meddling
Australia's corporate watchdog has taken a Chinese state-owned food processor to court over accusations it manipulated the market for wheat prices.
‘Deep flaws’ in ASIC enforcement prompt calls for split
A bloated remit and chronic under-resourcing at Australia's corporate watchdog have been canvassed in a scathing parliamentary report.
Hackers dial up data extortion, email attacks
Hackers are stealing hundreds of thousands of dollars from businesses in email attacks, a cybersecurity report shows, but ransomware is becoming less common.
Westpac to pay millions after ‘unconscionable conduct’
After being taken to court by the corporate watchdog, Westpac has been penalised for engaging in in unconscionable conduct in 2016.
Romance scam behind $228m Chinese money laundering ring
An alleged ringleader of a $228 million Chinese money laundering syndicate has been released on bail despite fears he will flee the country in a private jet.
Tax office whistleblower loses bid to halt prosecution
Richard Boyle, who has been charged with releasing protected Australian Tax Office information, has lost a bid to stop his criminal prosecution.
Crypto firm owes creditors more than $78m
Administrators appointed for a Gold Coast cryptocurrency platform do not know where the company's founder is, or exactly how large its debts are.
Watchdog legal action on Star casino execs
Current and former Star Entertainment directors and executives are facing millions of dollars in fines for alleged failures of director duties.
Watchdog takes casino giant Star to court
A federal watchdog has started civil penalty proceedings against gambling giant Star for alleged failures to comply with anti-money laundering laws.
Criminal charges are ‘nonsense’: Palmer
Billionaire businessman Clive Palmer has launched a civil lawsuit to have fraud charges against him thrown out of court.