Black Hats, tax havens: Australia’s biggest insider trading probe revealed

On September 30, 2020, a car mysteriously pulled up at a postbox in Golden Four Drive in Bilinga, a tiny coastal town in Queensland, just over the NSW border. The driver, having mailed his missive, turned around and drove back south.

The letter, sent to the Brisbane home of Ronald and Wanda Doyle, was addressed to their elder son, Stephen. It contained a single ASIC document that outlined Stephen’s questionable transfer of Nuix shares to his Swiss-based brother Ross.

At the time Stephen was the chief financial officer of Nuix, a data analytics software company that boasted on its website that it helps clients such as the Australian Tax Office, the Australian Securities and Investments Commission and the Australian Federal Police “to find the truth from any data in a digital world”.

The unknown sender didn’t include an explanatory note with the document, but the message it was intended to convey was clear: people were watching Doyle and knew about the transfer to his brother.

That share transfer is now part of an ASIC investigation into whether Stephen Doyle, together with his brother and father, may have pulled off one of the country’s biggest insider trading heists using a labyrinth of companies in offshore tax havens to disguise their tracks.

Key to their transactions was a Singaporean company, with the apt name Black Hat - a term used for someone, often a hacker, who uses their skills for malicious purposes or personal gain.

ASIC is investigating whether the Doyles’ company Black Hat was used to secretly “dispose of 1.8 million Nuix shares” based on inside information which Stephen Doyle possessed through his position at Nuix, according to ASIC’s affidavit supporting a travel restraint order against Ross Doyle that was released this week.

The Doyle brothers, born eighteen months apart, both became accountants following their graduation from the University of Queensland and both share a passion for long-distance running.

Stephen, 50, became Nuix’s CFO in February 2011, having previously worked in smaller tech companies including a two-year stint in China.

His brother Ross, 49, worked at investment bank UBS and later as CFO of one of Australia’s largest coal producers Glencore Coal, where, according to his LinkedIn profile, he managed “over $30 billion of assets with large and complex workflows delivering billions of profit annually”.

For the past decade, Ross and his wife Rebekah have been based in Switzerland where he has been involved in a number of start-ups and resources companies. He is currently the managing director of renewable energy company GRID Powr (sic). “I’m also a crypto investor and advocate of blockchain and other disruptive mechanisms,” he says on LinkedIn.

Black Hat was set up by Ross on November 24 last year - six days after Nuix applied to list on the ASX. Nuix lodged a 320-page prospectus for potential investors containing rosy financial forecasts. It was then spruiked to investors as a glamorous tech stock that would grow by 20 per cent a year. They lapped it up in spades, pushing the share price 40 per cent higher on the first day of trading, December 4. Six weeks later, on January 22, the stock had almost doubled, hitting a high of $11.86.

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https://www.smh.com.au/business/companies/black-hats-tax-havens-australia-s-biggest-insider-trading-probe-revealed-20210701-p5863c.html

ebot bringing the Friday funnies

Man charged over alleged sexual assault of teenage girl in Sydney’s south-west

Police will allege in court the man sexually assaulted the teenage girl, then aged 13, on multiple occasions between April 2020 and May 2020.

https://www.smh.com.au/national/nsw/man-charged-over-alleged-sexual-assault-of-teenage-girl-in-sydney-s-south-west-20210703-p586jh.html

>>14041684

Bill Barr has been an American traitor since at least 1992

The independent media seems perplexed over the fact that former Attorney General Bill Barr failed to do pretty much anything worthwhile while employed within the Trump administration. The expectation, apparently, was that Barr would clean up the “swamp” and create an American utopia free of the “deep state” at some point during his tenure. Why would Barr do this, though, when he’s been a swamp creature himself since at least 1992?

Conservatives must be suffering from some kind of amnesia because it is common knowledge that Barr worked back in the early ’90s as attorney general under George H.W. Bush, one of the most corrupt swamp creatures in our nation’s history. Like Lindsey Graham (R-S.C.) and Mitch McConnell (R-Ky.), Barr has been a staple in establishment politics for decades, having spearheaded some of the earliest known instances of warrantless surveillance against innocent Americans, as one prominent example.

“The Justice Department under Attorney General William Barr launched a vast surveillance program that gathered records of innocent Americans’ international phone calls without first conducting a review of whether it was legal,” reports explain. “It happened in 1992, the last time Barr served as attorney general.”

Long before George W. Bush, “papa” Bush’s son, took occupation of the White House and subjected us all to the “Patriot Act,” Barr was illegally surveilling Americans without a warrant. This would explain why Barr, during his more recent tenure, declared that the Obama administration had not committed any crimes when they illegally surveilled the incoming Trump administration.

Barr and his buddies in deep state government, we now know, played a direct role in Barack Hussein Obama’s illegal spying activities, hence why Barr decided to cover for the illicit operation. Barr also insists that the CIA did nothing wrong by fomenting and spreading the phony Trump – Russia collusion scandal that helped to run out the clock, so to speak, on Trump’s efforts to get anything done during his first term.

“And, of course the FBI is now a disgrace after four more years of persecuting innocents and letting criminals go free,” further notes Joe Hoft, writing for The Gateway Pundit. “Barr and FBI Director Chris Wray plotted with Deep State members in overthrowing the government this election as can be seen by their selective blindness and lack of efforts to address the coup they are part of.”

Ending the “War on Drugs” would largely end deep state tyranny

Under the guise of fighting the “War on Drugs” – one of the catch-all excuses used by the deep state to openly violate Americans’ constitutional rights, by the way – Barr and Bush Sr.’s Drug Enforcement Agency (DEA) illegally monitored and collected records on virtually every phone call that was made from the United States to 116 different foreign countries. Congress had no oversight, a USA Today investigation found, and this blueprint is what was used after the 9/11 terrorist attacks to expand illegal spying and surveillance under the Patriot Act.

https://www.corruption.news/2021-01-01-bill-barr-american-traitor-since-1992.html