Tag Archives: cyber crime

Drug syndicates turned CBA into a money pump, but the whole financial system is at risk

When Prof Jason Sharman told Phillip Adams that half a million dollars was stuffed into the new intelligent deposit machines installed in the Commonwealth Bank from 2012, and then did the same for the next three years, it sounded incredible, and if true, could only happen with complicit corruption. Seems it didn’t happen quite like that, but what authorities say did happen is staggering and quite bizarre. Continue reading Drug syndicates turned CBA into a money pump, but the whole financial system is at risk