Eight PwC Australia partners, including former chief executive Tom Seymour, will exit the embattled consulting firm over professional or governance breaches after an internal investigation into the leaking of confidential tax information.
The first specialist unit made up of experts from government, law enforcement and the private sector has been unleashed on scammers to stop people from losing their money.
Investment cons are responsible for around half of the $1 billion in total scam losses suffered by Australians each year. ACCC deputy chair Catriona Lowe said investment swindles are the most reported scams and cause emotional devastation for victims. ASIC deputy chair Sarah Court said the corporate watchdog looked forward to working with the anti-scam centre.
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