Watchdogs powers will cut fraud: Shorten - Ninemsn

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGATUt2dAf70Goq6MmBAT mEdgspVwamp;url=http://news.ninemsn.com.au/national/8468651/watchdogs-powers-will-cut-fraud-shortenbWatchdogs#39; powers will cut bfraud/b: Shorten/b/abr /font size=-1bfont color=#6f6f6fNinemsn/font/b/fontbr /font size=-1Superannuation Minister Bill Shorten believes new powers given to Australia#39;s financial services watchdogs will prevent the sort of bfraud/b that led to the collapse of Trio Capital. Some $176 million was lost or went missing after the company crashed in b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH1KDDFHaRCLBO44Ldb-PXaoG01_wamp;url=http://www.abc.net.au/7.30/content/2012/s3504474.htmInquiry suggests scheme targeted vulnerable super/afont size=-1 color=#6f6f6fnobrABC Online/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHBl8G9HG1rNbVoRQ1PyW 7LqRYdogamp;url=http://www.smh.com.au/business/regulators-rapped-over-trio-fraud-20120516-1yqjb.htmlRegulators rapped over Trio bfraud/b/afont size=-1 color=#6f6f6fnobrSydney Morning Herald/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEaUvodgPTeR0Tkf58PQE xBctwUFQamp;url=http://www.theaustralian.com.au/business/wealth/agencies-have-failed-the-victims-of-the-trio-capital-super-fraud-says-inquiry/story-e6frgac6-1226357772948Agencies have failed the victims of the Trio Capital super bfraud/b, says inquiry/afont size=-1 color=#6f6f6fnobrThe Australian/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEezRC2_uNJhxTkl-4FxNij9qz-xgamp;url=http://www.radioaustralia.net.au/international/2012-05-16/australian-government-urged-to-help-fraud-victims/945062nobrRadio Australia/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d9qHmNLbS70dJgMhzbgC yL6p2fiIMnobrball 115 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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