All these frauds, scams and money laundering scandals are becoming very pervasive. perhaps dividends should be capped as happened in England and in America to prevent poor culture and appropriately resource this area?
Perhaps the Albanese Government should cap the Big Banks’ dividend declarations if they continue to be prone to frauds, scams and money laundering scandals.
The consumer banking divisions are enormous and it beggars belief how they are so prone to frauds, scams and money laundering.
Perhaps the payouts to customers should not only be in full but there should be damages as well when the customer becomes the victim of fraud due to the bank doing nothing and under resourcing that area?
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