BizLawCentral: Former company director jailed for fraud
Malaysian citizen and Australian permanent resident Joseph Kieng Ho WONG has been sentenced to jail. He was extradited from Malaysia to stand trial.
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How Not To Be A Money Launderer, a straightforward guide to detecting and deterring fraud and money laundering in organisations, has been reissued in paperback.
The Hong Kong Securities and Futures Commission has obtained an injunction freezing the proceeds of Chinese company Hontex International Holdings. HKD997,400,000 in the hands of the company and f...
BizLawCentral : ASIC seeks orders banning Centro officers and non-execs.The Australian Securities and Investment Commission has applied to Court for a range of orders arising out of the collapse of property group Centro. And non-executive directors are in the firing...
BizLawCentral: In The Box Limited, out of businessKitchen retailer Out Of The Box Limited took deposits for kitchens that were never delivered. Despite being run by an accountant, who as part of his qualifications has to take courses in company...
BizLawCentral: ASIC executes warrants to support liquidatorsAustralian companies regulator ASIC has executed two search warrants to seize property, books and records of RG Munro Futures Pty Ltd (RG Munro in liquidation) and Starport Futures Trading Corpor...
BizLawCentral: US prosecutes man for lying on bank account opening formUS Federal Prosecutors have filed in indictment in a Manhattan court alleging bank fraud. But the bank was not defrauded out of money - and nor was anyone else.
BizLawCentral: Does judge's comments in Aus case mean changing burdens of proof?In a case heard in the Supreme Court of Queensland, the judge made comments, obiter, relating to the practice of one party putting another "to strict proof" of allegations made is out o...
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Company regulators often have three types of power:
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