Antitrust Antitrust

Vina forex cartel accused 'ripped off' customers and deserve jail, Australian prosecutor says

By Laurel Henning
  • 03 Feb 2022 20:59
  • 03 Feb 2022 20:59
An Australian criminal-cartel prosecution linked to family-run Vina Money Transfer has seen federal prosecutors recommend that the three individuals who have entered guilty pleas in the case be imprisoned.

In a second day of plea hearings, prosecution lawyer Nicholas Robinson said that imprisonment was the only sentencing that was appropriate for the individuals

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Laurel Henning

Senior Correspondent


Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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