White Collar

Property developer Villawood has asked a judge to allow it to share documents from a fraud case against its former director with the Australian Federal Police, over alleged actions the judge called “deeply troubling”. 

A company incorporated to manage a development in regional Victoria has lost its bid to withdraw admissions in a case by property developer Villawood alleging a former director engaged in a fraudulent scheme to divert management fees.

A company controlled by Paul Chiodo has lobbed a $200 million suit targeting City Built director Roberto Filippini, with the former Keystone director joining the company's liquidators in chasing millions in allegedly misappropriated development funds.

A former project manager who enlisted two associates to buy 11 million shares in Beacon Minerals before the market knew it had struck gold has been sentenced to one year in prison following a guilty plea. 

A fund manager has succeeded in striking out claims it was knowingly involved in an uncommercial loan scheme, in a case by FSM Development liquidators that also targets Ray White and Mallesons.

A former director of collapsed over-the-counter derivatives broker Berndale Capital Securities has filed an appeal after he was sentenced to 23 months' prison for misusing company funds.

The CEO of the defunct company behind coconut water brand CoCo Joy has been resentenced after he succeeded in overturning his conviction on one of three charges.

A former director of collapsed Melbourne-based over-the-counter derivatives broker Berndale Capital Securities will serve 23 months in prison after pleading guilty to misusing company funds, misconduct that ASIC called "egregious".

A financial firm director and brother of breakdancer 'Raygun' has reportedly been sentenced after pleading guilty to charges over funds suspected of being the proceeds of crime.