ASIC through its actions have improved the environment for scamming in Australia. Australia always has been good for scammers, but now it is golden.
Australia has a lot of frauds, “Australia’s defamation laws have also allowed the crooks free rein,
You simply can’t criticize them publicly, or you will face a defamation suit. We have seen several places where crooks have been shielded by Australia’s defamation rules.
recent timely comments from John Hempton in the media. (Hempton is a former Treasury official who rose to prominence when he blew the whistle on failed Albury fund manager Trio Capital in 2009).
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