Business
‘Toxic breach of trust’: Investments watchdog sends fraud warning – The Sydney Morning Herald
Following a string of investment embezzlement cases, the Australian Securities and Investments Commission says some financial advisers pose a serious risk.
Australias investments watchdog is warning people to be vigilant with their finances as a spate of investment scams highlight the dangers posed by deceptive financial advisers who abuse the trust of friends and family.
In the wake of the high-profile case of Melissa Caddick believed to have stolen $23 million from 60 clients before disappearing an investment manager from the northern beaches was sentenced to at least four years in jail this week for stealing $2.9 million from 13 clients.
Ross Hopkins,…
-
Noosa News23 hours agoHero rescuer reveals terrifying details of horror shark attack at Cabarita Beach in NSW
-
Noosa News24 hours agoFormer Brisbane Lions sponsor goes bust, leaving 200 workers in limbo
-
Business24 hours agoThe ASX 200 returned 13.4% in FY25. Here’s how you could have got a slice
-
General23 hours agoSouth Australia Premier Peter Malinauskas under fire over awarding of golf course redesign contract to Greg Norman