Business

Accounting bodies slam ATO’s use of client linking to tackle fraud woes

IGTO report shows the ATO should have tried less burdensome anti-fraud measures before putting taxpayers and their...

01 May 2024 • By Christine Chen

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Business

Further fraudsters jailed over GST fraud scheme

A further three people have been sentenced over their involvement in the GST fraud scheme uncovered by Operation...

29 February 2024 • By Miranda Brownlee

Tax

GST fraud to see ‘grittier, slower’ GST registrations, ATO Commissioner warns

System changes made off the back off the GST refund fraud scheme may result in a more difficult GST registration...

22 February 2024 • By Miranda Brownlee

Regulation

ATO defends ‘strong’ GST fraud controls against ANAO criticism

The Tax Office says it is equipped to respond to fraud despite a critical report released by the national audit office...

15 February 2024 • By Christine Chen

Regulation

Audit office damns ATO safeguards in wake of $2bn GST fraud

The Tax Office lacked the ability to respond to the widespread fake GST claims uncovered in late 2021, the Australian...

14 February 2024 • By Philip King

Regulation

Resort developer gets 10-year sentence for $15m tax fraud

Long-running ATO case dating back to the early noughties ends in jail term for conspirator who fled overseas.

13 February 2024 • By Philip King

Regulation

ATO closes $105m Plutus payroll case with final fraudster jailed

Sutherland man who pleaded guilty to dealing with the proceeds of crime gets four-and-a-half years.

02 February 2024 • By Philip King

Technology

Why finance will welcome fewer systems, but more AI, fraud defence

Software consolidation, automation with a human touch and fortified scam prevention are on this year’s agenda.

19 January 2024 • By Karl Durrance

Regulation

Fraudster behind ‘ruinous’ $521k SMSF swindle gets 4 years’ jail

Mudasir Mohammed Naseeruddin took advantage of vulnerable investors over five years through a “chaotic” and “ruinous”...

22 December 2023 • By Christine Chen

Regulation

Two men get 8 years’ jail for $40m gold bullion fraud

An ATO-led investigation uncovered false claims for GST credits in a gold recycling scheme.

19 December 2023 • By Philip King

Regulation

Cairns woman gets 3 years’ jail for $283k GST fraud

Deborah Martin pleaded guilty to filing fraudulent BAS in the latest win for the ATO’s Operation Protego.

12 December 2023 • By Philip King

Super

Caddick fraud victims target class action against SMSF auditors

Annual checks failed to confirm the investment assets – which turned out to be fake – actually existed.

31 October 2023 • By Philip King

Regulation

Woman jailed for 20 months over $250k GST fraud

The Tax Office says it is stepping up its enforcement actions under Operation Protego and has urged offenders to come...

27 October 2023 • By Christine Chen

Regulation

Whistleblower hits snag in $15m claim over alleged tax fraud

Court strikes out part of damages case against Lendlease and PwC-owned advisory firm.

19 October 2023 • By Naomi Neilson

Regulation

Sportsbet ‘induced my gambling’: accountant in $26m fraud case

Benjamin Carter has begun civil action against the betting giant for allegedly unconscionable conduct in relation to...

25 September 2023 • By Naomi Neilson

Regulation

TPB slaps 5-year ban on accountant involved in $26m fraud

Benjamin Carter poses an “unacceptable” risk to the public and must be prevented from practising, the board said.

22 September 2023 • By Christine Chen

Regulation

Fraudster who claimed $830k in GST refunds gets 7.5 years’ jail

ATO says the sentence shows offenders should come forward or face severe consequences.

01 September 2023 • By Philip King

Regulation

Perth man jailed, ordered to repay $110k in fraudulent GST refunds

Many of the thousands being pursued for bogus GST claims will be in debt to the ATO for years, police warn.

31 August 2023 • By Philip King