Browsing Tag
bank account
’Awful’: Bank leaves woman with no money
Matilda* was left in tears and “overwhelmed” with stress when she was told her only bank account was being immediately closed – locking her out of access to the $40,000 in her account.The 31-year-old had held an account with Ubank, an…
Ex-bank staffer facing 237 fraud charges
A glamorous former bank worker accused of masterminding an extensive financial fraud scheme is facing an eye-popping 237 charges related to her alleged criminal network. Sara Daizli, 31, fronted Sydney Downing Centre court on Thursday in…
Wife furious over husband’s $307k decision
An Australian man is feeling the aftermath of a scam more than four years after cyber criminals parted him from his fortune. For the past few years Cooper* has been forking out thousands of dollars every month to his bank, including $1200…
‘Failed’: Another Sydney builder collapses
A Sydney building firm has become the latest to join a long list of failed construction companies.Grover Constructions, a small residential builder in the Sydney metropolitan area, went into voluntary liquidation in September. Last week, a…
Aussie CEO loses $44k in two emails
A CEO is issuing a warning to other Australians after he was scammed out of $44,000 in two separate elaborate ruses. Lawrence*, a dad from Melbourne, is the chief executive officer and owner of a regulatory compliance business that has…
How to avoid a Black Friday scam
Black Friday, Cyber Monday and Boxing Day sales are all right around the corner, prompting a major bank to issue an urgent warning to shoppers to steer clear of scams.Thousands of online and in-store retailers will take part in Black Friday…
Shock detail in company’s $1.4m collapse
A Melbourne building company that collapsed owing $1.4 million did not operate a bank account in its own name for almost five years, raising questions about where customers’ money was being deposited, according to a liquidator’s report.In…
‘Weaponisation’: $12k drained from account
Seeing $12,000 drained from their account, maxing out credit cards to create an “embarrassing” situation when they are declined and almost losing their homes are some of the ways women in Australia have been subject to financial abuse by…
Start-up collapses as its chased for $3.5m
An Australian co-working space provider, that was listed on the stock exchange valued at $80 million just three years ago, has fallen into voluntary administration and faces court action from creditors who are allegedly owed $3.5 million in…