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cryptocurrency scam, cryptocurrency, scam, bitcoin, initial coin offering, ICO, investor, fraudulent, compensate, encrypted, transfer, fiduciary, investment, Scamwatch, due diligence, AFCA, Australian Financial Complaints Authority
14 May 2023

“I lost my money in a cryptocurrency scam. My financial firm should have warned me.” Which case won?

During the 2021-2022 financial year, a cryptocurrency trader had a trading account with a financial company. He used the company’s platform to transfer bitcoin worth the equivalent of A$119,550 to an organisation called Company K.

The investor was under the illusion that he was transferring money to a legitimate organisation. However, this was not the case. The investor was in fact duped by an initial coin offering (ICO) scam that Company K was running.

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07 Mar 2018

The lessor or the liquidator – who owns leased equipment when a company goes into liquidation? Which case won?

In this case, a power company had been retained by a government body in Western Australia to design, construct, test and commission a temporary power station.

In March 2013, the power company entered into a written contract with a conglomerate to lease four mobile gas turbine generators to the power company for a fixed term. At the end of the lease the turbines were to be returned to the conglomerate.

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28 Apr 2010

Program Introduces Kids To Water

Article and photo courtesy of The Greate Lakes Advocate 28 April 2010 LEARNING THE ROPES: Jasper Lanham sailing strong in only his third lesson at the Great Lakes Sailing Club. SAILING for local Great Lakes kids has gotten off to a flyer at the Great Lakes Sailing Club with a second series almost complete. The […]
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24 Feb 2010

Sailing Launched

Article and photo courtesy of Great Lakes Advocate 24 February 2010 SETTING SAIL: The YMCA has just launched its first ever junior sailing program in Forster. The YMCA has just launched [pun intended] its first ever junior sailing program in partnership with the Great Lakes Sailing Club. Five eager boys took to the waters of […]
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