Australia Signals Need to Act on Loan Fraud Seen at A$1 Billion
Australia’s assistant treasurer said anti-money laundering rules and the fight against scams are a key focus amid reports that mortgage fraud at Commonwealth Bank of Australia could amount to around...
By Adam Haigh · Bloomberg
Australia’s assistant treasurer said anti-money laundering rules and the fight against scams are a key focus amid reports that mortgage fraud at Commonwealth Bank of Australia could amount to around A$1 billion ($700 million).