Surge In Number Of Australians Seeking Debt Help

More than 169,000 people sought help from the National Debt Helpline in 2024 – a 12 per cent increase on the previous year. The increase showed how difficult it was for many Australians to get by at the moment, said Peter Gartlan, co-CEO of Financial Counselling Australia, which co-ordinates the helpline service. “Cost-of-living pressures are…

The social order of illegal markets in cyberspace: extralegal governance and online gambling in China

Extralegal governance institutions refer to private or nonstate mechanisms, such as norms, rules, organizations, and behavioural equilibria, which are used to mitigate risks, promote cooperation, and deter opportunism (Dixit, 2004; Leeson, 2008). This section first examines the risks faced by participants in illegal markets and how these risks evolve when illegal transactions move online. It…

Lawyer Accused Of Using Firms Money For Gambling Debt

A high-profile attorney who has argued cases before the Supreme Court was indicted Thursday after federal prosecutors in Maryland accused him of tax evasion and using his law firm’s money to pay millions of dollars in high-stakes poker debt. Thomas Goldstein, 54, the publisher of SCOTUSblog, has been charged with several tax-related crimes, along with…