Hedda Murray
Jeff Morris, blew the whistle on Commonwealth Bank of Australia
Morris attending a rally on the steps of the ACT Supreme Court in solidarity with another whitleblower, David McBride.
Morris blew the whistle on the Commonwealth Bank of Australia's practice of secretly syphoning money from client accounts, selling unnecessary insurance plans, refusing to pay out claims, adopting intimidatory investigations, taking huge financial management fees from clients without their knowledge, and investing clients' life savings in high risk investments without consent (discovered once investments failed and money was lost).
Most shocking were the charges made to dead clients for financial advice the deceased, of course, never recieved, sometimes charging estates over years.
Led to Australia's 2017 banking royal commission.
www.abc.net.au/news/2023-11-11/the-dirty-tricks-the-cba-u...
Canberra
Australia
Jeff Morris, blew the whistle on Commonwealth Bank of Australia
Morris attending a rally on the steps of the ACT Supreme Court in solidarity with another whitleblower, David McBride.
Morris blew the whistle on the Commonwealth Bank of Australia's practice of secretly syphoning money from client accounts, selling unnecessary insurance plans, refusing to pay out claims, adopting intimidatory investigations, taking huge financial management fees from clients without their knowledge, and investing clients' life savings in high risk investments without consent (discovered once investments failed and money was lost).
Most shocking were the charges made to dead clients for financial advice the deceased, of course, never recieved, sometimes charging estates over years.
Led to Australia's 2017 banking royal commission.
www.abc.net.au/news/2023-11-11/the-dirty-tricks-the-cba-u...
Canberra
Australia