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‘Breaking Bad’ Chemistry Professor Arrested for Selling Drug Recipe in China

Posted: May 26th, 2015 | Author: | Filed under: China, CRIME! | Tags: , , , , , , , | Comments Off on ‘Breaking Bad’ Chemistry Professor Arrested for Selling Drug Recipe in China

China NewsA former chemistry professor has been arrested by Chinese police on suspicion of selling a drug recipe to a gang which cooked up synthetic narcotics, state media reports.

The 50-year-old former academic surnamed Lu had “a set of recipes for producing methcathinone”, a drug similar to methamphetamine, which he provided to dealers.

Amphetamine labs are growing at an alarming rate, a Chinese police raid on the house of two methcathinone dealers in 2011 uncovered a pile of 80 million yuan, $AU13 million, in cash.

In Australia Amphetamine arrests have nearly double in past five years, according to Crime Commission’s Illicit Drug Data Report. Trade workers and those in the hospitality industry are among the biggest users of the drug according to an analysis of national drug data.

Lu “worked as a professor of chemistry at a university” in Xian, the capital of the northern province of Shaanxi, before teaming up with a drug manufacturer surnamed Chen in 2013 :: Read the full article »»»»

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    2014 Marks Largest Online Fraud Losses EVER!

    Posted: May 19th, 2015 | Author: | Filed under: Indeep Media | Tags: , , , , , , | Comments Off on 2014 Marks Largest Online Fraud Losses EVER!

    Romance scams led to biggest financial fraud losses in 2014, ACCC saysAustralians were scammed out of almost $82 million last year, with romance-based schemes accounting for the biggest losses, a report from the Australian Competition and Consumer Commission (ACCC) has found.

    The figures showed more than 90,000 scams were reported to the ACCC in 2014, with around one in nine successfully obtaining money.

    The biggest losses were experienced by those who had been tricked by romance or dating scams, which accounted for $28 million.

    The report found while fewer people were falling into the trap of sending money to a false admirer, the financial losses was far greater, with 3 per cent of contacts accounting for 34 per cent of losses.

    In 14 cases, the losses exceeded $500,000. Investment fraud and computer prediction software was the next most popular type of scam.

    More than $21 million was lost in scams where people were asked to invest in a scheme or work opportunity, or buy into computer programs that claimed to help the user make money :: Read the full article »»»»

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      Clarkson Confident He’ll Star in ‘Another Car Show’

      Posted: April 20th, 2015 | Author: | Filed under: Favorite New Thought, From The Web, Grilled Auto News | Tags: , , , | Comments Off on Clarkson Confident He’ll Star in ‘Another Car Show’

      UPDATED! Jeremy Clarkson, Top Gear Presenter Booted by BBC

      The now former Top Gear star Jeremy Clarkson says he would work on another motoring program after being dropped by the BBC for hitting a producer. He revealed his pain at leaving Top Gear, a hugely successful show which draws more than 250 million viewers around the world, but said he would “pick up the pieces and start again” :: Read the full article »»»»

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        Australian Government Considers Large Scale Roll-back of Pension Access

        Posted: April 5th, 2015 | Author: | Filed under: Australia, Politics, World of the News | Tags: , , , , , | Comments Off on Australian Government Considers Large Scale Roll-back of Pension Access

        Australian Government Indicates Large Scale Roll-back of Pension AccessIn its hunt for savings, the Australian Government is “seriously considering” a proposal to tighten the assets test for retirees, shaving hundred of millions off the ballooning cost of the pension system.

        At the moment, retired couples who own their home, and with other assets up to $1.1 million still qualify for a part pension, a position many consider untenable. The Social Services Minister Scott Morrison has strongly indicated he will look at scaling back access to the pension for wealthy Australians as an alternative to the Government’s current plan to change the rate of indexation.

        In the backflip – the government pledged, via last years budget, to decouple pension rises from the ‘average (male) earnings’, instead linking them to the rate of inflation, saving the government almost $450 million a year – cutting into pension payments by as much as $80 a week – might get the boot?

        Social Services Minister Scott Morrison said last week that he wanted “modest, incremental change” to the pension system, though he is still standing by last year’s budget measure and an attempt to raise the pension age to 70 – which has also stalled in the Senate :: Read the full article »»»»

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          Australia to Sign-up For China-based Asian Infrastructure Investment Bank

          Posted: March 28th, 2015 | Author: | Filed under: Business News | Tags: , , , , , , | Comments Off on Australia to Sign-up For China-based Asian Infrastructure Investment Bank

          Australia to Sign-up For China-based Asian Infrastructure Investment BankThe Australian Federal Government will sign a memorandum of understanding that will allow Australia to participate in negotiations to set up the $100 billion China-led Asian Infrastructure Investment Bank – AIIB.

          The Beijing-based bank was launched late last year and is designed to help finance development projects like road, rail and power infrastructure in the rapidly growing Asian region.

          More than 20 countries have signed on as founding members.

          In the past month, major Western powers including Britain, France, Germany and Italy have also announced their intention to join.

          Australia had resisted joining, but a joint statement from Prime Minister Tony Abbott, Foreign Affairs Minister Julie Bishop and Treasurer Joe Hockey said the Government would sign the MOU that would allow Australia to participate as a prospective founding member :: Read the full article »»»»

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            UPDATED! Jeremy Clarkson, Top Gear Presenter Booted by BBC

            Posted: March 28th, 2015 | Author: | Filed under: Grilled Auto News, Grilled Motoring News | Tags: , , , | Comments Off on UPDATED! Jeremy Clarkson, Top Gear Presenter Booted by BBC

            Jeremy Clarkson, Top Gear Presenter Booted by BBC
            Outspoken British presenter of the Top Gear motoring show, Jeremy Clarkson, has been suspended by the BBC after he was involved in a “fracas” with a producer.

            Clarkson, who has generated both controversy and profits for Britain’s publicly funded broadcaster, was already on a final warning over accusations last year that he had used racist language while filming the show :: Read the full article »»»»

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