White collar crime
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Sharemarket
Four face jail time over ‘pump and dump’ scam on messaging app
Four people face jail time after being criminally charged with operating a “pump and dump” scheme on encrypted messaging app Telegram.
- by Colin Kruger
Latest
The fallen tech titan, a suburban gangland lawyer and a $26.6m mystery
The corporate watchdog is investigating what happened to $75 million of an ASX-listed company’s cash. At the centre of the investigation are two men – a gangland lawyer and a charming tech executive.
- by Sarah Danckert and Carla Jaeger
Private jets, Ibiza villas and $9000 wines: An epic art fraudster tells all
Inigo Philbrick went to jail for the largest art swindle in US history. But he isn’t losing too much sleep over what he did.
- by Laura Pullman
‘Ivan the Terrible’: The rise and fall of a notorious Wall Street titan
Ivan Boesky, who rose to fame and fortune before heading to jail, was believed to have been the model for Wall Street’s Gordon Gekko, one of Hollywood’s most memorable villains.
- by Greg Farrell
Exclusive
Cryptocurrencies
Up to $150 million at risk as two Australian bitcoin schemes go bust
Hundreds of local investors are chasing their investments in two separate schemes, including one run by a man who says he’s a former NASA scientist.
- by Sarah Danckert
‘Mango’ puzzle: The maths whiz accused of stealing $167 million
A jailed trader who majored in maths is accused of stealing millions. His criminal trial touches on a big argument within the world of crypto.
- by David Voreacos and Chris Dolmetsch
The Cannes yacht encounter with ‘Chunk’ that sparked alleged $2.8 billion fraud
Two associates of fugitive Jho Low, the alleged mastermind of arguably the biggest financial heist of the 21st century, will face Switzerland’s top criminal court.
- by Hugo Miller
Exclusive
Courts
Woodend accountant accused of losing $3 million of client funds to punt online
Andrew Marshall is under police investigation and being pursued by his former company in court after allegedly losing client funds to online bookies.
- by Cameron Houston
Sam Bankman-Fried sentenced to 25 years in jail for multibillion-dollar FTX fraud
The judge said the former crypto mogul had lied during his testimony and shown no remorse for stealing $US8 billion from customers.
- by Luc Cohen and Jody Godoy
Pity, fury and white line fever: The resuscitation of Melbourne Rebels
As a rugby union who’s who gathered for lunch this week, the future of the embattled club was on everyone’s lips. How do you save a loss-making operation without leaving a sour taste in anyone’s mouth?
- by Sarah Danckert and Carla Jaeger
The Australian ‘banks’ of sovereign citizens – and the havoc they wreak
Creditnet Bank Internationale has no office and does not take deposits from consumers. Yet the group has found itself at the centre of controversial moments in Australian corporate history and an attempted $25 billion fraud on the nation of Palau.
- by Sarah Danckert