Australia Says Organized Crime In Financial Sector Costing $28B A Year
ORGANISED crime is costing Australia $36 billion a year with professional lawyers, accountants and computer experts increasingly being used to commit crime and hide assets.
Australia’s Largest Bank Looks For New Boss Amid Money-Laundering Claims
Australia’s largest bank has confirmed that it is on the lookout for a new boss, weeks after it was accused of breaching money laundering and terrorism financing laws more than 53,000 times.
Commonwealth Bank Accused of Money Laundering and Terrorism-Financing Breaches
FOREIGN criminal syndicates including major drug traffickers were able to launder millions of dollars through Australia after the Commonwealth Bank allegedly failed to comply with strict money laundering and counter terrorism financing laws and monitor almost 780,000 accounts.
Australia Thwarts ‘Islamic-inspired’ Plane Attack Plot
Police disrupted a terrorist plot to bring down an airplane and arrested four men on Saturday in raids on homes in several Sydney suburbs, the prime minister said.
Three Arrested As Police Bust Alleged Conspiracy To Fly Ice From California To Australia
An elderly pilot is among three men charged after allegedly plotting to make an island-hopping drug run from California to Australia carrying ice worth about $255 million.
Minneapolis Woman Fatally Shot By Police After She Called 911 To Report A ‘Possible Assault’
Justine Damond, a qualified vet and yoga instructor, was remembered as an “angel on earth” and “a guiding light” by loved ones.
Rabbi Sues Australian Jewish Paper Over Sex Abuse Defamation
Rabbi Yosef Yitzchak Feldman is suing the publisher of the Australian Jewish News for defamation, over three articles printed during a Royal Commission investigation of “Institutional Responses to Child Sex Abuse,” The Sydney Morning Herald reported Friday.