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605 Posts.
585
08/05/24
18:49
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- $1.3B fine paid
- included in 1 above
- $1.15 fines paid
- included in 3 above
- shares tank from $4 to $0.40 and $1.26B in losses, $350M in fines and penalties
- nearly goes bust, no longer listed, massive losses, $450M in fines and penalties
- sells government consulting business for $1, split up, former business effectively worthless
- woop-de-do
$3B plus in fines and penalties.
ASIC and ASX don't necessarily go after you if AUSTRAC and others do.
Do the crime, pay the fine.
All you've proved is that if you're big, you get done, and if you're small you get done.