Article 53508 Australian authorities reveal alleged fraud of early access to superannuation

Australian authorities reveal alleged fraud of early access to superannuation

by
Paul Karp
from on (#53508)

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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