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The Australian Crime Commission has estimated that 2600 Australians have lost more than $113 million due to investment fraud, in the last five years. The findings come in a new report, published yesterday, titled Serious and Organised Investment Fraud in Australia (PDF). The report was put together by Taskforce Galilee, a consortium of 19 government departments, including the Crime Commission, the Attorney-General's Department, the Australian Tax Office, the Department of Human Services and the Australian Communications and Media Authority. In addition to offers for shares in companies, the fraudsters offer green energy investments, new technology shares, lotteries and sweepstakes and foreign currency trading, among others. The report found that most of the operations targeting Australians were based overseas. Many were based in Asia, but were not run in Asia. Those who cold-called victims were generally Australia, English, Scottish, Kiwi or South African. The report stated that the fraudsters commonly used Voice-over-IP, email, phone, mobile phone or SMS to contact victims, and developed fake websites with log-ins that would displace fake balances, to keep the victim investing money in the scam. The victims tended to be male, aged over 35 years, but generally over 50. Small business owners, self-funded retirees and those who are socially isolated were common. The report said that Australian victims were found to be well-educated and computer literate. Home Affairs Minister Jason Clare said in a statement that people could be strung along for months before catching on. "This is what happens. The criminal syndicate cold calls the investor, refers them to a flash website and sends them a brochure, promising strong investment returns. After taking their money, they string them along for months or even years, and then the money disappears," he said. "People's entire life savings are stolen by criminals, with the click of a mouse. This type of

The Australian Crime Commission has estimated that 2600 Australians have lost more than $113 million due to investment fraud, in the last five years. The findings come in a new report, published yesterday, titled Serious and Organised Investment Fraud in Australia (PDF). The report was put together by Taskforce Galilee, a consortium of 19 government departments, including the Crime Commission, the Attorney-General's Department, the Australian Tax Office, the Department of Human Services and the Australian Communications and Media Authority. In addition to offers for shares in companies, the fraudsters offer green energy investments, new technology shares, lotteries and sweepstakes and foreign currency trading, among others. The report found that most of the operations targeting Australians were based overseas. Many were based in Asia, but were not run in Asia. Those who cold-called victims were generally Australia, English, Scottish, Kiwi or South African. The report stated that the fraudsters commonly used Voice-over-IP, email, phone, mobile phone or SMS to contact victims, and developed fake websites with log-ins that would displace fake balances, to keep the victim investing money in the scam. The victims tended to be male, aged over 35 years, but generally over 50. Small business owners, self-funded retirees and those who are socially isolated were common. The report said that Australian victims were found to be well-educated and computer literate. Home Affairs Minister Jason Clare said in a statement that people could be strung along for months before catching on. "This is what happens. The criminal syndicate cold calls the investor, refers them to a flash website and sends them a brochure, promising strong investment returns. After taking their money, they string them along for months or even years, and then the money disappears," he said. "People's entire life savings are stolen by criminals, with the click of a mouse. This type of c

The Australian Crime Commission has estimated that 2600 Australians have lost more than $113 million due to investment fraud, in the last five years. The findings come in a new report, published yesterday, titled Serious and Organised Investment Fraud in Australia (PDF). The report was put together by Taskforce Galilee, a consortium of 19 government departments, including the Crime Commission, the Attorney-General's Department, the Australian Tax Office, the Department of Human Services and the Australian Communications and Media Authority. In addition to offers for shares in companies, the fraudsters offer green energy investments, new technology shares, lotteries and sweepstakes and foreign currency trading, among others. The report found that most of the operations targeting Australians were based overseas. Many were based in Asia, but were not run in Asia. Those who cold-called victims were generally Australia, English, Scottish, Kiwi or South African.

The Australian Crime Commission has estimated that 2600 Australians have lost more than $113 million due to investment fraud, in the last five years. The findings come in a new report, published yesterday, titled Serious and Organised Investment Fraud in Australia (PDF). The report was put together by Taskforce Galilee, a consortium of 19 government departments, including the Crime Commission, the Attorney-General's Department, the Australian Tax Office, the Department of Human Services and the Australian Communications and Media Authority. In addition to offers for shares in companies, the fraudsters offer green energy investments, new technology shares, lotteries and sweepstakes and foreign currency trading, among others. The report found that most of the operations targeting Australians were based overseas. Many were based in Asia, but were not run in Asia. Those who cold-called victims were generally Australia, English, Scottish, Kiwi or South African. The report stated that the fraudsters commonly used Voice-over-IP, email, phone, mobile phone or SMS to contact victims, and developed fake websites with log-ins that would displace fake balances, to keep the victim investing money in the scam. The victims tended to be male, aged over 35 years, but generally over 50. Small business owners, self-funded retirees and those who are socially isolated were common. The report said that Australian victims were found to be well-educated and computer literate. Home Affairs Minister Jason Clare said in a statement that people could be strung along for months before catching on.

The Australian Crime Commission has estimated that 2600 Australians have lost more than $113 million due to investment fraud, in the last five years. The findings come in a new report, published yesterday, titled Serious and Organised Investment Fraud in Australia (PDF).

http://www.zdnet.com/organised-investment-fraud-cost-aussies-113m-7000000460/ The Australian Crime Commission has estimated that 2600 Australians have lost more than $113 million due to investment fraud, in the last five years. The findings come in a new report, published yesterday, titled Serious and Organised Investment Fraud in Australia (PDF).

The Australian Crime Commission has estimated that 2600 Australians have lost more than $113 million due to investment fraud, in the last five years. The findings come in a new report, published yesterday, titled Serious and Organised Investment Fraud in Australia (PDF). The report was put together by Taskforce Galilee, a consortium of 19 government departments, including the Crime Commission, the Attorney-General's Department, the Australian Tax Office, the Department of Human Services and the Australian Communications and Media Authority. In addition to offers for shares in companies, the fraudsters offer green energy investments, new technology shares, lotteries and sweepstakes and foreign currency trading, among others. The report found that most of the operations targeting Australians were based overseas. Many were based in Asia, but were not run in Asia. Those who cold-called victims were generally Australia, English, Scottish, Kiwi or South African. The report stated that the fraudsters commonly used Voice-over-IP, email, phone, mobile phone or SMS to contact victims, and developed fake websites with log-ins that would displace fake balances, to keep the victim investing money in the scam. The victims tended to be male, aged over 35 years, but generally over 50. Small business owners, self-funded retirees and those who are socially isolated were common. The report said that Australian victims were found to be well-educated and computer literate. Home Affairs Minister Jason Clare said in a statement that people could be strung along for months before catching on.

The Australian Crime Commission has estimated that 2600 Australians have lost more than $113 million due to investment fraud, in the last five years. The findings come in a new report, published yesterday, titled Serious and Organised Investment Fraud in Australia (PDF). The report was put together by Taskforce Galilee, a consortium of 19 government departments, including the Crime Commission, the Attorney-General's Department, the Australian Tax Office, the Department of Human Services and the Australian Communications and Media Authority. In addition to offers for shares in companies, the fraudsters offer green energy investments, new technology shares, lotteries and sweepstakes and foreign currency trading, among others. The report found that most of the operations targeting Australians were based overseas. Many were based in Asia, but were not run in Asia. Those who cold-called victims were generally Australia, English, Scottish, Kiwi or South African. The report stated that the fraudsters commonly used Voice-over-IP, email, phone, mobile phone or SMS to contact victims, and developed fake websites with log-ins that would displace fake balances, to keep the victim investing money in the scam. The victims tended to be male, aged over 35 years, but generally over 50. Small business owners, self-funded retirees and those who are socially isolated were common. The report said that Australian victims were found to be well-educated and computer literate. Home Affairs Minister Jason Clare said in a statement that people could be strung along for months before catching on. "This is what happens. The criminal syndicate cold calls the investor, refers them to a flash website and sends them a brochure, promising strong investment returns. After taking their money, they string them along for months or even years, and then the money disappears," he said. "People's entire life savings are stolen by criminals, with the click of a mouse. This type of crime destroys we

THE future of the Home and Community Care Services (HACC) program in Bundaberg is up in the air with Wide Bay Hospital and Health Service (WBHHS) considering privatising the service. It could come as soon as March this year, with the final decision resting with the Federal Department of Health and Ageing (DoHA). WBHHS chief executive officer Adrian Pennington said transferring the delivery of HACC services to another provider was still a proposal but the change could affect about 800 clients in the Bundaberg region and 600 in the Fraser Coast. Mr Pennington said while clients could expect to receive similar or equal level of care under a new provider there were no guarantees the service would remain free. "While it would be our preference for our clients' sake to keep the service free, we are unable to speculate what fees, if any, would be applicable in future as this would be determined by the new provider," he said. "These clients will be notified of changes to the service via a letter this week." HACC provides many services including meals on wheels, transport and nursing care to support older people to stay at home and be more independent in the community. When the NewsMail asked how many jobs could be at risk Mr Pennington said: "As the consultation process with staff is ongoing, at this time I consider it premature and inconsiderate to discuss publicly staffing matters relating to HACC services." He said a meeting had been held with staff last week to provide help including contact details for organisations including the Employee Assistance Scheme. "We recognise this is a deeply unsettling time for people and I want to offer my assurance that we will support all staff and clients affected," he said. He said the details of the proposal were still to be finalised. "We are yet to properly liaise further with the Federal Department of Health and Ageing and the Queensland Department of Community Safety (DCS) as to what a transfer of

THE future of the Home and Community Care Services (HACC) program in Bundaberg is up in the air with Wide Bay Hospital and Health Service (WBHHS) considering privatising the service. It could come as soon as March this year, with the final decision resting with the Federal Department of Health and Ageing (DoHA). WBHHS chief executive officer Adrian Pennington said transferring the delivery of HACC services to another provider was still a proposal but the change could affect about 800 clients in the Bundaberg region and 600 in the Fraser Coast. Mr Pennington said while clients could expect to receive similar or equal level of care under a new provider there were no guarantees the service would remain free. "While it would be our preference for our clients' sake to keep the service free, we are unable to speculate what fees, if any, would be applicable in future as this would be determined by the new provider," he said. "These clients will be notified of changes to the service via a letter this week." HACC provides many services including meals on wheels, transport and nursing care to support older people to stay at home and be more independent in the community. When the NewsMail asked how many jobs could be at risk Mr Pennington said: "As the consultation process with staff is ongoing, at this time I consider it premature and inconsiderate to discuss publicly staffing matters relating to HACC services." He said a meeting had been held with staff last week to provide help including contact details for organisations including the Employee Assistance Scheme. "We recognise this is a deeply unsettling time for people and I want to offer my assurance that we will support all staff and clients affected," he said. He said the details of the proposal were still to be finalised. "We are yet to properly liaise further with the Federal Department of Health and Ageing and the Queensland Department of Community Safety (DCS) as to what a transfer of

TELEGRAPH UK - Four pairs in the women's doubles were disqualified from the Olympics for underperforming in the final group stages on Tuesday night as they deliberately tried to lose by spraying shots wide or into the net to secure an easier quarter-final draw. The players, the Chinese world champions Wang Xiaoli and Yu Yang, Greysia Poli and Meiliana Jauhari of Indonesia and two South Korean pairs, Jung Kyung-eun and Kim Ha-na, and Ha Jung-eun and Kim Min Jung, were jeered by the crowd. The organising committee for the Games will not be offering refunds to spectators who attended on Tuesday evening, despite Lord Coe describing the incident as "depressing" and asking: "Who wants to sit through something like that?" Officials from the sport's governing body conducted a frantic round of meetings as they hastily arranged a disciplinary panel.

http://www.thisdaylive.com/articles/as-senior-citizens-savour-care-homes/137658/ With increasing neglect by family and friends, coupled with the pressure of making ends meet, a growing number of elderly people are resorting to care homes to spend their final days on earth. Chiemelie Ezeobi writes The woman in the picture now lives at the Regina Mundi Home for the Elderly in Mushin, a Lagos community. She was abandoned by her family. "Isolation, discrimination, neglect and poverty are forcing elderly people to live a dismal life in care homes across the country," says Olubunmi Owosho, a social psychologist. At Regina Mundi Home for the Elderly, some of the people at the home were abandoned by their families in their old ages while some actually arrived there with the help of their family members who could no longer cope with caring for their needs. "It is important to make the elderly feel that they are still very relevant to the society. Some of them have worked for years and have contributed their quota to the society but were abandoned in their old age," says Anthonia Adebowale, a reverend sister. "Some have children whom we have to practically force to come and see them while others have irreconcilable differences with their relatives. "The elderly are often seen as the reservoirs of knowledge and the voice of wisdom whose fountain of experience are often needed to steer the ship of life. With the blessing of old age often comes the maturity to handle issues and therefore deserve to be supported and made happy and comfortable in the twilight of their ages," she explained. Reports suggest that there is evidence that the traditional practice of caring for parents began to erode under harsh economic conditions in urban areas across the country. For instance, there is absence of a social security system and only a minute percentage of the population older than 60 receives pensions before death. Analysts say, rapid urbanisation has displaced the

TELEGRAPH UK - Four pairs in the women's doubles were disqualified from the Olympics for underperforming in the final group stages on Tuesday night as they deliberately tried to lose by spraying shots wide or into the net to secure an easier quarter-final draw. The players, the Chinese world champions Wang Xiaoli and Yu Yang, Greysia Poli and Meiliana Jauhari of Indonesia and two South Korean pairs, Jung Kyung-eun and Kim Ha-na, and Ha Jung-eun and Kim Min Jung, were jeered by the crowd. The organising committee for the Games will not be offering refunds to spectators who attended on Tuesday evening, despite Lord Coe describing the incident as "depressing" and asking: "Who wants to sit through something like that?" Officials from the sport's governing body conducted a frantic round of meetings as they hastily arranged a disciplinary panel. An official announcement of its findings was only made public as spectators took their seats for last night's women's doubles quarter-finals. Pairs from Canada, South Africa, Russia and Australia, who had thought their Olympics were over, had to hastily prepare for a return to court in front of a sell-out crowd. "We found out we were playing at 3 o'clock," said Michelle Edwards, of South Africa. "Everything was so last minute. We packed our bags, rush, rush, rush and here we are. The mental preparation was almost zero." South Africa lost 2-0 to Russia but Australia took Canada to three sets before losing. The episode was deeply embarrassing for the badminton authorities who would have been aware that Jacques Rogge, president of the International Olympic Committee, recently described match fixing as the biggest threat to the Games. With all athletes and coaches swearing to uphold the Olympic oath at the opening ceremony, this damaged the integrity of the Games. The stakes were high for the badminton authorities with the prospect of two sports being removed from the Olympics before Rio 2016. "We are very

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TELEGRAPH UK - Four pairs in the women's doubles were disqualified from the Olympics for underperforming in the final group stages on Tuesday night as they deliberately tried to lose by spraying shots wide or into the net to secure an easier quarter-final draw. The players, the Chinese world champions Wang Xiaoli and Yu Yang, Greysia Poli and Meiliana Jauhari of Indonesia and two South Korean pairs, Jung Kyung-eun and Kim Ha-na, and Ha Jung-eun and Kim Min Jung, were jeered by the crowd. The organising committee for the Games will not be offering refunds to spectators who attended on Tuesday evening, despite Lord Coe describing the incident as "depressing" and asking: "Who wants to sit through something like that?" Officials from the sport's governing body conducted a frantic round of meetings as they hastily arranged a disciplinary panel. An official announcement of its findings was only made public as spectators took their seats for last night's women's doubles quarter-finals. Pairs from Canada, South Africa, Russia and Australia, who had thought their Olympics were over, had to hastily prepare for a return to court in front of a sell-out crowd. "We found out we were playing at 3 o'clock," said Michelle Edwards, of South Africa. "Everything was so last minute. We packed our bags, rush, rush, rush and here we are. The mental preparation was almost zero." South Africa lost 2-0 to Russia but Australia took Canada to three sets before losing. The episode was deeply embarrassing for the badminton authorities who would have been aware that Jacques Rogge, president of the International Olympic Committee, recently described match fixing as the biggest threat to the Games.

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