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Star Entertainment pleads guilty to Queensland gambling law violations
Gaming 2023-03-20 10:38 pm By Cat Fredenburgh

Star Entertainment has pleaded guilty in Queensland to seven charges of allowing the purchase of gambling chips with a credit card, months after being with a $100 million fine for violating the state’s gambling laws.

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Former JPMorgan head trader Mark McCabe charged with fraud
White Collar 2023-03-17 3:54 pm By Cindy Cameronne

A former JPMorgan executive has been charged with eight counts of fraud for allegedly misappropriating $940,350 from clients of his defunct companies, Guevara Capital and Online Trading Capital. 

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ANZ hit with $10M penalty over $18.5B home loan program
Financial Services 2023-03-10 2:23 pm By Cindy Cameronne

ANZ has been hit with a $10 million penalty in a case brought by the Australian Securities and Investments Commission alleging the bank’s home loan ‘introducer’ referral program breached credit laws.

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Facebook to cop penalty in ACCC case over ‘misleading’ data protection app
Privacy & Cybersecurity 2023-03-10 3:20 pm By Cat Fredenburgh

Facebook will face a penalty in the Australian Competition and Consumer Commission’s case alleging it misled consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private.

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Prosecutors want prison sentence for CEO in Sydney waste cartel case
Competition & Consumer Protection 2023-03-09 5:59 pm By Sam Matthews

The former managing director and CEO of Bingo Industries should be sentenced to imprisonment for aiding and abetting the waste company in fixing prices for demolition waste services in Sydney, a court has heard.

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High Court revokes special leave in Facebook’s challenge to data breach case
Privacy & Cybersecurity 2023-03-07 11:33 pm By Christine Caulfield

The High Court has revoked special leave to Facebook to challenge a case by the privacy commissioner, finding that the social media giant’s grounds of appeal no longer involved issues of public importance.

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ACCC to monitor essential services pricing, interest rates in 2023
ACCC 2023-03-07 4:38 pm By Sam Matthews

The ACCC will monitoring the pricing and supply of essential services such as energy and telecommunications as well as interest rates in 2023 as cost of living pressures continue to bear down on consumers.

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Former Benjamin Hornigold execs face charges over $3.8M in payments
ASIC 2023-03-03 11:10 pm By Cat Fredenburgh

Two former executives of investment fund Benjamin Hornigold Limited have been charged with offences related to $3.8 million in payments.

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Ultra Tune boss seen instructing lawyer in criminal case, not incapacitated, judge says
ACCC 2023-03-02 3:23 pm By Cindy Cameronne

Ultra Tune has failed to prove its managing director is mentally incapacitated and unable to give evidence at a sentencing hearing for contempt of court after he was seen earlier this week attending a hearing in a criminal case on charges of stalking his ex-girlfriend.

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Crown owns up to ‘serious and systemic’ breaches of money laundering laws
AUSTRAC 2023-03-01 5:29 pm By Sam Matthews

Casino giant Crown has admitted to a “significant number” of anti-money laundering and counter terrorism breaches in a case brought by AUSTRAC.

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