*********STOP PRESS************ New ACT Chapter of the Australian Institute of Professional Investigators (AIPI) 22 October 2009

If you are currently working in any Investigations, Intelligence, Risk Management, Compliance area, or a relevant Regulatory position (Public or Private Sectors) in the ACT or surrounding areas, you can't afford not be involved in the establishment of the ACT Chapter of the Australian Institute of Professional Investigators (AIPI), the leading industry Association for Investigators.

NOTE: The first meeting for the proposed formation of the ACT Chapter of the Institute has been scheduled as follows:

Function: Proposed Establishment of the ACT Chapter of the Australian Institute of Professional Investigators (AIPI)

Time and Date: 6.30pm for 6.45pm start on Thursday 22 October 2009

Venue: ‘Duffy Room’ Eastlake Football Club 3 Oxley Street, Griffith ACT

Registration: The evening is fully sponsored so there is no cost, but you do need to Register.

Contact Peter Hatte at peter@pcapeople.com or phone 02 61627316 or 0402202900

PURPOSE OF THE EVENING:
To introduce the benefits of the Institution to practitioners and managers who have a role in, or akin to any Investigations, Regulatory Compliance, Risk, Intelligence, Forensic Analysis areas with the ACT or general region.

WHAT IS THE AUSTRALIAN INSTITUTE OF PROFESSIONAL INVESTIGATORS?
If you haven't heard of the Institute or want to know more about what it does, link to http://www.aipi.asn.au/

BENEFIT OF A LOCAL CHAPTER:
A local Chapter of the AIPI provides an extremely useful vehicle for the development of greater interagency support and consistancy in terms of contemporary Investigative related techniques and methodologies. It provides a forum which promotes and delivers relevant professional development opportunities. As a national Institution it provides a lobby platform where collectively members have greater opportunity to have industry concerns heard and actioned.

http://www.aipi.asn.au/

Man faces court over fake death fraud
Posted Wed Sep 16, 2009 4:08pm AEST
A man charged with faking his own death to defraud an insurance company has been refused bail in a Sydney court.
Paul Terroni, 28, allegedly conspired with his mother to make a $239,000 claim on a life insurance policy, which was lodged in December 2007.
Police say Terroni's mother, Dianne, reported that he drowned on a trip to Ecuador in 2006.
Officials from Ecuador issued a death certificate to the family.
It is alleged Terroni returned to Australia 18 months later on an Ecuadorian passport under the fictitious name of Gabriel Sanchez Cedeno.
He has been living in Sydney for a year and was arrested yesterday along with his mother.
Terroni briefly appeared in Sydney's Central Local Court today, charged with a string of offences including giving a false certificate of death and obtaining money by deception.
He was refused bail to reappear in court on Friday.
His mother was charged with similar offences but released on bail.
Article sourced from the ABC Website @ http://www.abc.net.au/news/stories/2009/09/16/2687937.htm
No comments please until matter finalised

The following is an extract from KMPG's Forensic Fraud Survey 2009 at page 8, where managers were asked "...what factors may allow instances of fraud and misconduct to occur within their organisations...." The response is interesting and has significant consequences for middle to senior managers in terms of organisational controls and compliance. The following is a copy of that extract.

Enablers of Fraud and Misconduct
Management’s efforts to prevent, detect, and respond to fraud must be informed not only by its prevalence and nature, but also by the root causes of such misconduct. As such, we asked executives what factors may allow instances of fraud and misconduct to occur within their organizations. The most commonly cited were inadequate internal controls or compliance programs. Similarly, almost half of executives surveyed cited management override of controls, inadequate director oversight over management, and collusion between employees and third parties. A lower number of respondents, almost a third, cited collusion between management and third parties or between employees and management.
Q. In your opinion, what most enables fraud and misconduct to occur within organizations today?
____________________________________________
Inadequate internal controls or compliance programs 66%
Management override of internal controls 47%
Inadequate oversight by directors over management 44%
Collusion between employees and third parties 43%
Collusion between management and third parties 32%
Collusion between employees and management 27%
Other factors 4%......."

KMPG's Forensic Fraud Survey 2009 at page 8

mmmm........................what are we going to do about it managment!!

Russians behind cyber crime, says AFP
Posted Wed Sep 9, 2009 4:23pm AEST
The Australian Federal Police (AFP) says the majority of cyber crime committed in Australia is driven by organised crime gangs in Russia.
AFP Commander Neil Gaughan has told a parliamentary inquiry it is hard to estimate the extent of cyber crime in Australia and difficult to track down the perpetrators.
"We are working very closely with the FBI particularly and the US Secret Service, and we have good relations over there to try and mitigate some of that threat," he said.
"I must say that over the last couple of months, somewhat surprisingly I suppose, there has been a renewed effort on behalf of the Russian authorities to actually assist us with these matters."
Commander Gaughan says many Australians are neglecting to change security passwords or update the anti-virus software that protects their computers from hackers.
He says people who are not vigilant can be preyed upon by hackers looking to steal bank details and personal information.
He says there is a need for a national advertising campaign similar to graphic road safety and health campaigns used in recent years.
"Even the AIDS campaigns that were run many years ago ... changed culture; what we need to do with the internet environment is to change culture," he said.
"We need people to become aware that they are at risk and we need them to change their behaviour."

Article sourced from the ABC Website @ http://www.abc.net.au/news/stories/2009/09/09/2681241.htm?site=news