NCJ Number
234593
Date Published
2011
Length
6 pages
Annotation
This paper examines how capable guardianship can be enhanced when responding to fraud in remote and regional communities of Australia.
Abstract
The specific risks of financial crime that arise in and subsequently affect those in remote and regional communities in Australia are explored in this paper; highlighted is the diversity of fraud that occurs in regional and remote areas in Australia and the difficulties in preventing financial crime through a reliance on capable guardianship. Findings suggest that capable guardianship needs to be enhanced outside major cities in order to reduce the level of fraud experienced by government, businesses, and individuals each year. Many opportunities exist for early detection or prevention of fraud through more effective action by a range of guardians. The extent to which this occurs should be subject to ongoing monitoring to determine which actions can achieve the best results in rural and remote settings where the risk of fraud is increased because of difficulties in ensuring adequate levels of capable guardianship in non-urban locations often disadvantaged in terms of money, knowledge of fraud risks, as well as the lack of ability to prevent them. Examples of recent fraud cases from regional and remote Australia are used to highlight the risks associated with fraud in these places and to indicate where the absence of guardianship may have increased risks. References