Monday, 22 June, 2026
Billionaire Scandal: WiseTech Shares Tank Following Reports of Federal Police Probe into Founder
By TechShots Studio
WiseTech Global shares plummeted over 18% after media reports revealed that the Australian Federal Police are investigating billionaire founder and chairman Richard White. The human exploitation task force is reportedly probing allegations that White pressured a woman into sex using her immigration status and provided false information on a visa application. The scandal deepens a period of prolonged executive turmoil for the global logistics software giant.
Read full story at REUTERS