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Tag: Australian Federal Police

WiseTech Raid Wipes $1.1B From Founder’s Fortune
BusinessInnovationTechnology

WiseTech Raid Wipes $1.1B From Founder’s Fortune

The Australian securities regulator and federal police raided WiseTech Global’s Sydney headquarters, sending shares tumbling 16% and wiping $1.1 billion from founder Richard White’s fortune. The investigation focuses on alleged share trading by White and three employees.

by Henry BlakemoreOctober 28, 2025November 2, 2025

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