The Latest Breaking News from ASIC

The Retail Industry’s Probbo Uncle Harvey Norman Is Getting Sued Over Allegedly ‘Misleading’ Ads

ASIC alleged in some instances, the "misleading" ads meant customers had to pay a minimum $537 in hidden fees.

Pedestrian.tv · Oct 5, 2022

Harvey Norman sued over 'misleading' ads

Australia's corporate regulator is taking legal action against Harvey Norman and a finance group, alleging ads for interest-free purchases are misleading.

AAP · Oct 5, 2022

Harvey Norman sued over ‘misleading’ interest-free ads

Harvey Norman has been dragged to court over claims its ads mislead customers about the true cost of buying its products.

The New Daily · Oct 5, 2022

Anthony Albanese says ‘Optus should pay’ for new passports for data breach victims

Push comes day after states suggest telco will pick up multi-million dollar tab for replacing driver’s licences of affected customers

The Guardian - AU · Sep 28, 2022

Melissa Caddick's husband said he was 'confused' when questioned over wife's disappearance

The "distressed" husband of accused Sydney fraudster Melissa Caddick is stood down from giving evidence after becoming "confused" by questions asked to him at an inquest into her disappearance.

ABC News · Sep 28, 2022

Australia’s financial sector will pay customers $7.2bn for wrongdoing, regulator says

Australian Securities and Investments Commission issues guide for paying compensation and tells companies to pay up quickly

The Guardian - AU · Sep 27, 2022

Melissa Caddick's husband didn't ask why their Sydney home was raided by police in 2020

Anthony Koletti was shocked when ASIC and the AFP raided the home he shared with his wife Melissa Caddick in 2020 but didn't ask the alleged fraudster why she thought a search warrant had been granted, an inquest hears.

ABC News · Sep 27, 2022

ASIC lead investigator tells Melissa Caddick inquest she was not responsible for alleged fraudster's death

The corporate watchdog's lead investigator into Melissa Caddick's alleged Ponzi scheme tells an inquest she does not feel responsible for the accused fraudster's death and was "doing her job".

ABC News · Sep 26, 2022

Inquiries have found casinos facilitated money laundering and consorted with criminals — so why haven’t there been charges for executives or directors?

Australia's largest casino groups have been found "unsuitable" to hold licences due to allegations of money laundering and consorting with criminal gangs. But no individuals have faced consequences.

ABC News · Sep 25, 2022

Caddick's brother accuses ASIC of 'death'

The corporate watchdog's lead investigator into Melissa Caddick's fraud has denied the suggestion she is responsible for her death.

AAP · Sep 25, 2022