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Thursday, October 22, 2026

From Sydney to the Caribbean via Dubai: How a CEO with possible terror links allegedly took millions

School conditions, unaffordable housing and the cost of living have brought demonstrators on to the streets in several countries



EU investigates Booking.com over online fraud and phishing risks

The EU's digital watchdog said it would assess whether the online platform 'properly identified' risks linked to the spread of illegal content such as non-existent properties and fraudsters portraying themselves as the owner of a property and putting it up for rent.


From Sydney to the Caribbean via Dubai: How a CEO with possible terror links allegedly took millions

From Sydney to the Caribbean via Dubai: How a CEO with possible terror links allegedly took millions


A licensed investment company allegedly scammed its customers out of their life savings — and now its CEO may have links to terrorism. 

It has sparked concerns about deep flaws in Australia’s financial regulatory regime.

Karim Farag is the former chief executive of Main Group FX, a licensed investment firm in Australia that disappeared three years ago, leaving at least 13 investors collectively $2 million in the red.

Now the ABC can reveal Mr Farag has alleged connections to an organisation accused of funding terrorism.

Mr Farag maintains he has nothing to hide and is willing to cooperate with authorities.



I Teach at a Business School. It’s Time to Shut Them Down. New York Times 

 I wish I had the bandwidth to post on this article. It’s consistent with what yours truly and Aurelien have been saying about the breakdown of elite competence, but importantly describes a key, perhaps the, reason. 


Same Rules, Different Ruins Craig Tindale