Cheque, Credit Card and Company Fraud

Question 1

Cheque and Credit Card Fraud

What to find out from Informant

Answer 1

• The identity used by the offender
• Offender description
• Property obtained
• Vehicle used

Question 2

Cheque and Credit Card Fraud

What to find out from Bank

Answer 2

• the account holder’s full name, occupation, private and business addresses and telephone numbers
• whether the account holder is suspected of issuing valueless cheques.
• the date the account was opened
• the account history and how it has been operated

Question 3

Cheque and Credit Card Fraud

If an account has been opened with fictitious details, find out:

Answer 3

• Descriptions of the suspect and any of their associates at the time
• The account number and the date it was opened
• The details used when the account was opened
• The nature and amount of the first deposit

Question 4

Cheque and Credit Card Fraud

What to do / not to do with documents

Answer 4

• Punch, fold or crease them
• Use staples, pins or sellotape
• Make impressions on them when writing minutes on the file.

DO place them in a file or clear plastic bag

Question 5

Company Fraud

Category A Offending

(A = Accountants)

Answer 5

Large-scale thefts and other dishonesty offences against employers by employees - usually people such as accountants and managers who use their position to manipulate the company’s financial systems.

Question 6

Company Fraud

Category B Offending

(B = Businesses)

Answer 6

• Dishonesty offences committed against financial institutions by people outside the institution obtaining money from it through deception.
• GST fraud against the IRD by businesses that make false GST returns.

Question 7

Company Fraud

Category C Offending

(C = Commercial)

Answer 7

Commercial fraud committed against the public by people who, either as individuals or through the guise of a company, entice people to invest money.

Question 8

Company Fraud

Category D Offending

(D = Dishonesty)

Answer 8

Dishonesty offences committed by professional people in a position of trust, such as solicitors and accountants, against their clients.

Question 9

Company Fraud

Sources of Assistance

Answer 9

• Police accountants
• MBIE
• Commerce Commission
• Financial Markets Authority

Question 10

Serious Fraud Office Investigations

When must you notify SFO

Answer 10

• All fraud complaints with an actual or potential loss in excess of $2,000,000.
• All fraud complaints of great complexity.
• Any fraud complaint of great interest or concern.