Cheque, Credit Card and Company Fraud

Question 1

Cheque and Credit Card Fraud:

What to find out from Informant?

Answer 1

• Identity used by the offender
• Descriptions of the offender
• Property obtained
• Vehicle used

Question 2

Cheque and Credit Card Fraud

What to find out from Bank?

DDAS

Answer 2

DDAS

• Date cheque book or credit card was reported missing
• Date account was opened
• Account holder’s details (name, dob, add)
• Serial numbers of missing cheques

Question 3

Cheque and Credit Card Fraud

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

DANS

Answer 3

DANS

• Descriptions of the suspect and any associates at the time
• The account number and the date it was opened
• The nature and amount of the first deposit
• The serial numbers of the cheques supplied

Question 4

Cheque and Credit Card Fraud

When cheques are dishonoured through lack of funds, interview the account holder and find out:

SDNAS

Answer 4

SDNAS

• Suspect’s details (name, dob, add)
• Date the account was opened
• Nature and amount of the first deposit
• Amount of any savings in other accounts.
• State of the account at the time the cheques were issued

Question 5

Cheque and Credit Card Fraud

What not to do with documents?

Answer 5

PUM

• punch, fold or crease them

• use staples, pins or sellotape

• make impressions on them when writing minutes on the file.

Question 6

Company Fraud

Sources of Assistance:

Answer 6

PMCFNL

• Police accountants and legal officers
• Ministry of Business, Innovation and Employment
• Commerce Commission
• Financial Markets Authority
• NZ Customs
• Liquidators and receivers

Question 7

Serious Fraud Office Investigations

When must you notify SFO:

Answer 7

1. All fraud complaints with actual or potential loss over $2,000,000
2. All fraud complaints where the facts, law or evidence is of great complexity
3. Any fraud complaint of great interest or concern; for example, fraud involving a public figure.

Question 8

Company Fraud

Category A Offending:

Answer 8

Large-scale thefts and other dishonesty offences against employers by employees - Usually people such as accountants or mangers who use their position to manipulate the companies financial records.

Question 9

Company Fraud

Category B Offending:

Answer 9

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

Question 10

Company Fraud

Category C Offending:

Answer 10

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 11

Company Fraud

Category D Offending:

Answer 11

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