Company, Credit Card, & Cheque Fraud

Question 1

Committing deception as a company, four ways it can occur?

Answer 1

• Employee Fraud Large scale thefts/dishonesty offending against employers by employees. Eg accountants/managers
• External fraud People outside of the company obtaining benefit etc by deception.
• Commercial deception Committed against the public, enticing people to invest money.
• Abuse of trust Dishonesty offending by professionals in a position of trust against their clients.

Question 2

Can a company be criminally liable for the actions of a senior executive of a company?

Answer 2

Yes, the actions of the senior executive are said to be the actions and state of mind of the company. Company is principal offender, executive is liable as a party. They are also personally responsible for their own actions.

Question 3

Offline credit card offences, two principal ways.

Answer 3

Stolen credit card, and counterfeit cards.

Question 4

Investigation of deception complaints.

Answer 4

• Assess screen and link the case.
• Investigate the case.
• Proceeding decision.
• Prepare the case.
• Court process.

Question 5

External agencies for investigations.

Answer 5

• Police accountants
• Legal section
• Ministry of Business, Innovation and Employment. (Registrar of companies, Companies office, Official assignee, Insolvency services.
• Commerce commission.
• Financial markets authority.
• NZ Customs.
• Liquidators and Receivers.