Building Bad, Scam HQ
Building Bad
Five weeks ago, 60 Minutes exposed widespread corruption, including infiltration by underworld figures and bikies, at Australia's most militant trade union, the CFMEU. The fallout from Nick McKenzie's story was immediate. Sweeping reforms were promised, and on Friday the Construction and General division of the union was put into administration. The positions of hundreds of officials were also terminated. While it's a vital development, 60 Minutes' joint investigation with The Sydney Morning Herald, The Age and the Financial Review hasn't stopped. McKenzie and his team have now discovered that the rot has spread even further than first suspected.
Reporter: Nick McKenzie
Producer: Amelia Ballinger
Scam HQ
It's positive news, kind of. In the last year, the Australian Securities and Investments Commission, ASIC, has identified and shut down more than 7,300 phishing and investment scam websites. While it has stopped victims here losing millions, the scammers are still winning, raking in billions. They're also coming up with more and more technically sophisticated ways to rip off their prey. As Adam Hegarty reports, much of this criminality is now headquartered in the failed state of Myanmar. There, trans-national crime bosses have resorted to human trafficking to amass a 120,000-strong workforce of scammers, who all day long are forced to con westerners out of their money.
Reporter: Adam Hegarty
Producer: Laura Sparkes
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