Cheque & Credit Card Fraud

Question 1

What to find out from the informant?

Answer 1

Interview the infmt and find out:

• The identity used by the offender

• The descriptions of the offender, property obtained and the vehicle used.

Question 2

What to find out from the bank?

Answer 2

DADASHID

• Date the account was opened

• Account holders full name, address, number & occupation

• Date the credit card was reported missing

• Account history & how it has been operated

• Serial numbers of any missing cheques

• How & by whom loss was reported

• If Account holder is suspected

• Details of dishonored cheques.

Question 3

What to find out if an account has been opened with fictitious details?

Answer 3

SANDS

• Suspect and associate/s descriptions

• Account number and opening date

• Nature & amount of first deposit

• Details used when account opened

• Serial numbers of cheques supplied.

Question 4

If cheques are dishonored through lack of funds, interview the account holder to find out?

Answer 4

SANTA

• Suspects full name and details

• Account opening date

• Nature and amount of first deposit

• The amount of savings in other accounts

• Any overdraft details.

Question 5

What not to do with documents?

Answer 5

DUMP

• Do place them in file or clear plastic bag

• Use staples, pins or sellotape

• Make impressions on them when writing

• Punch, fold or crease them.

Question 6

Company fraud - Categories of offending

Answer 6

A -
Large scale theft or dishonesty offences by employees

• Accountants or managers manipulating a companies financial systems

B -
Dishonesty offences against financial institutions by people obtaining money through deception

C -
Commercial deception against the public by people who entice others to invest money

D -
Dishonesty offences by professionals in a position of trust, such as accountants and solicitors, against their clients.

Question 7

Company fraud - Sources of assistance

Answer 7

Police accountants & legal officers
• Give advice / Help in production orders, warrants & charges

Ministry of Business, Innovation & Employment
• RICO

Commerce Commission
• Assist in matters relating to the Fair Trading Act & pyramid selling

Financial Markets Authority
• Assist I’m matters relating to the Financial Markets Authority Act

NZ Customs
• Assist in matters involving international travel & CAPPS alert

Liquidators & receivers
• Administer companies in liquidation or receivership.

Question 8

Company fraud - Sources of information within the MBIE

Answer 8

RICO

• Registrar of companies
• Insolvency services
• Companies office
• Official assignee.

Question 9

When must you notify the SFO?

Answer 9

• All fraud complaints with an actual or potential loss of over $2,000,000

• All fraud complaints where the facts, law or evidence is of great complexity

• Any fraud complaint of great interest or concern; such as fraud involving a public figure.