fraud
Followfraud Archives
SME owner jailed over $1m GST fraud
A South Australian man has been sentenced to 6 years and 6 months in prison after obtaining $1 million in fraudulent GST...
SMEs urged to remain vigilant amid rising financial fraud
SMEs are advised to keep a sharp eye on doctored financial information, fake invoices, phishing emails, and other online...
Small businesses urged to adopt eInvoicing
The Federal government has committed to spending $23 million from the Federal Budget to boost the adoption of eInvoicing...
ASBFEO warns small-business owners about rise in scams
Billson urged SMEs to check the credentials of suppliers such as their ABN and business name and to investigate if they ...
Small businesses at greater risk of fraud
Alarmingly, research has found that small businesses are less likely to work with technology professionals to perform st...
Tech start-up Kismet raises $4 million to combat NDIS fraud
As of 2022 an estimated $6 billion of allocated NDIS funds were lost to criminal activities such as false services, over...
Rural businesses warned against rising incidences of scams
Farmers and small-business owners are reminded to first verify the existence of the seller purportedly selling machinery...
ATO targeting GST fraud
The ATO is investigating around $850 million in potentially fraudulent payments made to around 40,000 individuals, with ...
How fraud is killing small and medium business
The shift to remote work and changed interactions with customers and suppliers is opening up new opportunities for fraud...