The financial regulator ASIC has been caught with its pants down - covering up its failure to police white collar crime.

The Senate inquiry into the Sterling First affair has revealed shocking new proof that the regulatory agency ASIC has been covering up for white-collar crime. Over 140 elderly victims of the Sterling First scheme are losing their homes and facing eviction because ASIC failed to do its job.

The Sterling First affair is the tip of the iceberg...

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