I doubt it's legal. Especially if they are transferring large amounts between accounts. It could only be for dodging tax / hiding their true intention (undercover takeover). I'm sure ASIC & the Tax Dept would be interested. It's up to them / courts if it is "legal" though. If you suspect illegal trading activity you should report it to ASIC 100%.
I doubt it's legal. Especially if they are transferring large...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
