The site, Tradeleaks.com, allows Internet users to post documents and tip-offs about dodgy business practices anonymously. Users can then rate and comment on the reliability of each leak, Fox News reports.
Twenty-eight year old Ruslan Kogan, who featured on this year's BRW Young Rich list with a wealth of $29 million, made Tradeleaks.com available this morning.
A few hours after the website went live, there were ten allegations posted on the site about a mix of businesses and retailers.
Kogan said he hoped the site would eventually be filled with trade secrets and eventually become "bigger than WikiLeaks." (ANI)