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Fraud: An Overview of Current & Emerging Risks

NCJ Number
169673
Author(s)
P N Grabosky; R G Smith
Date Published
1996
Length
6 pages
Annotation
This document outlines social, demographic and economic developments which may influence the shape of fraud in years to come.
Abstract
Criminal exploitation of on-line commerce poses significant risks to Australia's economy and society. Other new types of fraud, and variations of old types, are also emerging, many of which are beyond the capacity of law enforcement agencies alone to control: (1) Industrial espionage, accompanied by recent developments in the technology of intercepting communications which make such activities easier to undertake and more difficult to detect; (2) Expanding computer literacy will increase the number of prospective fraud perpetrators, while new technologies allow easier and cheaper access to a much larger pool of prospective victims; (3) The proliferation of electronic funds transfer systems has enhanced the risk that such transactions will be intercepted and funds diverted; (4) Theft of telecommunications services; (5) Fraud against the elderly, involving health care delivery or financing; (6) Migration fraud; (7) Telemarketing fraud; (8) Business opportunity and copyright fraud; and (9) Fraud by government contractors. References

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