Westpac, Societe Generale accuse software company of $263M fraud

Financial Services 2021-07-02 1:14 pm By Miklos Bolza | Sydney

Westpac and French investment bank Societe Generale have obtained freezing orders over $263 million in assets in fraud cases brought against a Sydney software firm and its director, with a court hearing that other financial institutions may also be at risk from the alleged fraud.