Australian authorities reveal alleged fraud of early access to superannuation - My News TV

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Wednesday, May 6, 2020

Australian authorities reveal alleged fraud of early access to superannuation

Covid-19 Senate inquiry hears ‘sophisticated’ fraudulent activity may have deprived up to 150 people of retirement savings

Government authorities have detected a “sophisticated” alleged fraud of early access to superannuation, which may have deprived up to 150 Australians of $120,000 of retirement savings.

On Thursday, Treasury, the tax office and the Australian federal police fronted the Covid-19 Senate inquiry to discuss the integrity of $194bn in three tranches of stimulus.

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from World news | The Guardian https://ift.tt/3b8Kydl

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