In a recent matter, that has been lodged within the Office of the Workplace Ombudsman, a detailed account of how Corporate Fraud is carried out within an Australian Telco was submitted.
Within this report came a detailed account of how fraudulently workers were being RIPPED OFF.
Also it was detailed how the company refused to pay for an hour overtime per working day, which is illegal under the authority of the Australian Industrial Relations Commission.
The matter was then HANDBALLED out of the care of the W.O, for the individual to pursue this within another organisation, ASIC .
What will become of this is NOTHING !!!
Fraud of this magnitude reported, USUALLY goes unpunished. One of the reasons is that because of the nature it is usually done by people higher in the food chain of society, i.e. BANKERS, LAWYERS etc, and these people DO NOT want to be implicated.
As history shows, the people / taxpayers pay for the Corporate Fruad carried out within the higher ranks.
One of the bigger Corporate Frauds, the Pyramid collapse, the government MADE the people pay for it via a rise in the price of FUEL, but once the debt was paid, the price was NOT reduced.
The HiH collapse was also payed by the public.
Another scandalous example, Quintex, the government LET the fall guy, Christopher Skase escape to Mallorca.
Another small fry Eugene Kukuy, aka Henry Kaye, Russian Jewish immigrant, the government purposely let go was in charge (fall guy) of an 'investment' fraud, which if saw the light of day in court would reveal Bank Managers Property Developers and Real Estate Agents being in on it as well.
Therefore there was not other option, but to LET HIM RUN AWAY !!!
This is how the legal system operates in Australia (to the BENEFIT of people in power).
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