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Lauren Cranston jailed for eight years for Plutus tax fraud
White Collar 2023-05-01 5:45 pm By Sam Matthews

The daughter of a former ATO boss has been sentenced to eight years imprisonment over her role in an $105 million tax fraud involving payroll services company Plutus Payroll, with a judge finding she showed “no contrition” for her conduct.

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Inquiry called by Melissa Caddick’s parents ‘hanging over receivers like a threat’, court told
Restructuring & Insolvency 2023-04-28 3:39 pm By Cindy Cameronne

The parents of Sydney fraudster Melissa Caddick will seek an inquiry into whether receivers of her property have acted faithfully in managing the assets.

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Lawyers would be subject to anti-money laundering laws under ‘overdue’ reforms
White Collar 2023-04-20 10:21 pm By Cindy Cameronne

Reforms to simplify and modernise Australia’s anti-money laundering and counter-terrorism financing regime will see lawyers and accountants subject to the regulations for the first time.

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Goldsky director pleads guilty to dishonest conduct charges
White Collar 2023-04-17 10:50 pm By Cat Fredenburgh

The director of collapsed Kingscliff-based hedge fund Goldsky has pleaded guilty to five charges of dishonest conduct.

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CIMIC wins access to institutional investor details in shareholder class action
Class Actions 2023-04-13 1:16 pm By Cindy Cameronne

Construction firm CIMIC has won its bid to view identifying information about institutional investors in a shareholder class action, despite the applicant’s claims it could deter group members from signing on to the case. 

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‘ASX Wolf’ trader permanently banned from carrying on unlawful financial services business
Financial Services 2023-04-13 3:20 pm By Sam Matthews

Gold Coast ‘finfluencer’ Tyson Scholz has been permanently barred from conducting a financial services business without a license, after a court found he provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and ‘Black Wolf Pit’ chat room.

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Fraud charges against ailing Octaviar director dropped
Financial Services 2023-04-03 3:31 pm By Christine Caulfield

Prosecutors have dropped its fraud case against the former chief financial officer of a unit of collapsed Gold Coast finance company Octaviar Investments, citing his poor health.

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BCC can bring claims against three Greensill units
Insurance 2023-03-30 4:16 pm By Cindy Cameronne

Insurer Bond & Credit Company has overcome an administrator’s protests and won leave to bring cross-claims against three Greensill entities in lawsuits over the financing firm’s $1.7 billion collapse.

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NSW judge Paul Brereton to lead federal corruption watchdog
Politics 2023-03-29 2:15 pm By Sam Matthews

Justice Paul Brereton has been appointed to lead the new National Anti-Corruption Commission, with the CEO of AUSTRAC, the Disability Discrimination Commissioner, as well as two senior figures at NSW ICAC also tapped for senior roles.

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In fight with ex-Orix CEO, Chubb can argue Coca-Cola Amatil knew nothing of alleged bribes
Insurance 2023-03-22 9:56 pm By Cindy Cameronne

Facing a claim to cover the legal costs of former Orix CEO John Carter under a D&O policy, Chubb has been given the green light to argue that Coca-Cola Amatil’s board had no knowledge of alleged secret bribes.

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