ASIC stories - Page 2

So far in 2018 Australians have lost more than $26 million to investment scams. Already monthly losses have increased 117% since last year.

Jackson Temi Anni has been sentenced to 18-months imprisonment for lying about products and taking money directly from consumers' bank accounts.

Scammers kick off the new year with email fraud using fake Suncorp, MYOB, and ASIC branding, sending malicious links and attachments to Australian users.

Scammers are posing as the Australian Securities and Investments Commission (ASIC) Registry to get money and personal information.

UltraServe is ramping up its plans for international growth with a new VP of operations to manage senior project engineers and general ops.

Dick Smith Holdings creditors have voted to place the failed business into liquidation in a last ditch effort to recoup some of their lost money.

Dick Smith management and directors are facing questions over the failure of the business, while Anchorage executives are also in for a grilling.

Everyone knows Dick Smith Electronics. So where did it go so wrong? We look back at the company from its early successes to eventual decline.