Category: Fraud and Insolvency

Business fraud is an increasing problem not only in Australia. In this American video, forensic accountant and anti-fraud director, Lance Randolph of CBIZ MHM, discusses the two most common fraud schemes facing corporate America today. The situation in...

The reason insider trading is illegal is that one person, or group of people have an unfair advantage over others. In the perfect world no one would know more than anyone else. Obviously the world is not perfect. Naturally some people must know...

Insider trading is difficult to prove without a paper trail but sometimes the signs are obvious. Studying the stock prices of major corporations over a one year period helped highlight that insider trading was taking place. In this Insider Trading video...

Insider trading laws in Australia have become far more relevant to the majority of the population. Traditionally insider trading was considered a white collar crime of a select few wealthy individuals with "inside" knowledge of businesses. Australia...

Preventing or dealing with workplace fraud or theft takes work. Preparation is a big part of this. Even just saying you will be doing background checks during an interview process may help weed out some people from ever being hired. Business owners...

Insider trading only became illegal in 1960s when it was felt some individuals had an unfair advantage over others with the buying and selling of stocks. In 2009 an article was published supporting a fairly radical idea for insider trading to be...

Fraud can happen in any business. However non-profit organisations sometimes have looser controls so may be more susceptible to fraud. The statistics about fraud are also interesting. More men commit corporate fraud than women. It can be relatively...

Insider trading is illegal in Australia … but what is the definition of insider trading? The simplest definition of insider trading is taking advantage of information that is not public. This 'inside' information is most often seen as being used to...

    Many people wonder what limitations are placed upon an individual after they are declared bankrupt. Upon becoming bankrupt almost all of their property goes to (‘vests in’) the person's Trustee in Bankruptcy.    It is then an offense...

Higher minimum debt for bankrupt individuals will reduce bankrupcty notices On 24 June 2010 the Federal Parliament passed amendments to the Bankruptcy Act 1966. There were a number of technical “restructuring” type changes to the Bankruptcy Act...