Cheque, Credit Card and Company Fraud

What to find out from Informant

• The identity used by the offender

• Offender description

• Property obtained

• Vehicle used

What to find out from Bank

• 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

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

• 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

What to do / not to do with documents

• 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

Company Fraud

Category A Offending

(A = Accountants)

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.

Company Fraud

Category B Offending

(B = Businesses)

• 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.

Company Fraud

Category C Offending

(C = Commercial)

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

Company Fraud

Category D Offending

(D = Dishonesty)

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

Company Fraud

Sources of Assistance

• Police accountants

• MBIE

• Commerce Commission

• Financial Markets Authority

Serious Fraud Office Investigations

When must you notify SFO

• 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.