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Case Summary: 

In August 2018, two men were convicted of fraudulent dealings in the assets of a company with the intent to transfer them to a new company so as to continue in business after the old company went into liquidation.

Type of conduct: 
Insolvency offences

So, it's simple: you attach an electronic signature to an electronic document and off it wings by e-mail. Job done, right? Apparently "some businesses are still unsure if electronic signatures would satisfy legal requirements," says The Law Commission. But instead of just saying "of course, in the absence of fraud or some other frustrating or negating matter, that's a validly executed document" the Law Commission has produced "proposals." So, not simple at all, then.

CoNet Section: 

It's not a big-enough proportion: 14 of the USA's states Attorneys General are trying to obtain an order to prevent the implementation of a PoTUS Trump plan that they say will have a serious impact on the ability of the USA's Environmental Protection Agency or EPA to assess, amongst other things, the effects of climate change and the potential risks.

Stuart Dickson Produce Pty Ltd is a Sydney fruit and vegetable wholesaler. The company has been issued with an AUD10,500 penalty notice for buying produce from growers without a written "Horticulture Produce Agreement" (inevitably known as an HPA) in place. But, while the notice has been announced, the ACCC which issued and publicised it, doesn't stand behind it with any great force.

CoNet Section: 

Case Summary: 

A man has been convicted of money laundering after he and two others sold a house without the knowledge of its owner.

Type of conduct: 
Money Laundering

Organised by Casino Essentials, a three-day conference and exhibition started in Las Vegas yesterday with the opening Keynote Presentation by Kenneth Blanco, Director, FinCEN. Before he got down to the nitty-gritty yesterday, Blanco was chummy with the lawyers and gaming industry reps and in his remarks prepared in advance he said "Thank you for that wonderful introduction, Jim" and "Thank you so much, Mindy, for inviting FinCEN to be a part of this event." So, chummy and psychic? How did the rest of his speech go? We know...

When the USA passes laws relating to offshore income and assets, it's big news and around the world US citizens and those providing services to them get into something of a flap. But when the UK introduced, in November last year, a requirement for "anyone who has undeclared UK tax liabilities that involved offshore matters or transfers to disclose the relevant information about this non-compliance" there was barely a ripple. There should have been a storm because penalties are potentially devastating.

CoNet Section: 

FinCEN can't make its mind up. On 16 May this year, FinCEN granted to covered financial institutions a 90 day exception from the requirement to comply with the " Beneficial Ownership Rule for Legal Entity Customers." Leaving aside the fact that, as with the UK's draft Bill, the term "Beneficial Owner" has been co-opted from an entirely different area of law and is therefore a cause for confusion, FinCEN Is up to its old tricks of mitigating the effect of a Rule while pretending that the USA has a strong counter-money laundering regime. The 90 days is up and, guess, what? FinCEN has extended it. What is going on?

The Internet Crime Complaint Centre (IC3) has seen a growing number of reports about extortion attempts received by both e-mail and postal mail which use specific information about the potential victim to add authenticity. While there are many variations in these extortion attempts, there is often something common to the approaches, IC3 says.

Case Summary: 

A group of 14 hospitals in California and its founder have avoided conviction for a fraud that took place over an eight year period. A whistleblower made a report and will receive more than USD17 million as a reward.

Type of conduct: 
Healthcare / Medicare fraud

Shell UK has been fined by the Aberdeen Sheriff's Court. The prosecution was brought by the UK's Health and Safety Executive after a technician was struck by a cylinder and left severely injured on the Brent Delta offshore platform.

CoNet Section: 

The Australian Competition and Consumer Commission (ACCC) has issued civil proceedings in the Federal Court alleging that biotech company Landmark Operations Limited, which trades as "Seednet." The ACCC alleges that Seednet made "false, misleading and deceptive claims in a fact sheet" relating to a variety of barley, known as "Compass," developed by Adelaide University and marketed and distributed by Seednet.

CoNet Section: 

On 5th July 2018, a UK company, Gin Festival Limited, went into administration and its website www.ginfestival.com was taken down .. So, what's this, then...?

CoNet Section: 

In late 2017, the Australian Transport Safety Bureau released its "final" report into the disappearance of Malaysia Airlines flight MH370. It was clear that the ATSB considered the issue unresolved but closed. A private enterprise search, with a contingency fee, subsequently ran for several weeks but turned up no further information. In the past few days, Malaysia's Safety Inspection Team 13 operating under the auspices of Malaysia's Ministry of Transport published what is called it's final report - but the transport minister says that, while searches have concluded and semi-final conclusions reached from the evidence gathered over four years, the book is not closed until definitive answers can be given. It's a desperate situation and, for those involved, time isn't healing.

CoNet Section: 

A manufacturer of display panels and other exhibition stands has been convicted of an offence under the UK's Health and Safety at Work Act 1974. In April 2017, an unstable stack of panels "toppled over" onto an employee causing him to suffer a dislocated shoulder and a broken arm. The cause was surprisingly simple.

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