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There must be a lot of fraudsters in Nigeria considering how...

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Sailor FNQ

20,198 Posts.

07/07/24

17:11

Post #: 74644116
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Originally posted by Scott th Ratbag ↑

"Based on the search results, here is a summary of research on the comparative incidence of fraud against governments globally:The available data on comparative fraud incidence against governments worldwide is limited and inconsistent. However, some insights can be gleaned from the available information:

In the United Kingdom, the National Fraud Authority has begun collecting annual cost of fraud data, including some data on frauds against government departments. This suggests the UK is making efforts to track government fraud more systematically.

Globally, fraud data is generally poor and intermittent, making it difficult to reliably compare fraud rates between countries or track trends over time. The exception is some consumer fraud data available for North America.

Australia was one of the OECD countries least affected by the Global Financial Crisis (GFC) in 2008-2009, with unemployment rising only 1.3 percentage points compared to 2.2 percent for OECD countries overall. This suggests Australia may have been less vulnerable to increased fraud during that period compared to other developed nations.

A study comparing fraud and error rates across 5 OECD countries found that lack of internal controls was a major cause of fraud, accounting for 29% of cases.This indicates inadequate governance is a common factor enabling fraud across multiple countries.

Researchers have increasingly focused on the importance of "good governance" as an indicator related to fraud cases in various countries. This suggests governance quality may be a useful metric for comparing relative fraud risks between nations.

Factors like economic volatility, unemployment, and financial pressures during crises like the GFC can potentially increase fraud risks, though the relationship is complex.

"In conclusion, while comprehensive comparative data is lacking, the available research suggests fraud against governments is a widespread issue globally. Governance quality, internal controls, and economic conditions appear to be important factors influencing fraud risks across countries. However, more systematic data collection and analysis would be needed to draw definitive conclusions about comparative fraud rates between nations."
Perplexity Ai

the things is tarvie.... people will make efforts if the door to fraud is open. adequate regulation is essential. this is what left the NDIS vulnerable to rorting and fraud.

ethically its as much an obligation on Govts to ensure their legislation is not open to such activity. yet the LibNat govts preceding the Lab mob even invited fraudsters into the govt offices, KPMG, EY, PwC et al, and allowed them access to taxation information that they then took back to their offices to benefit their clients and their company.

the onus is not only on fraudsters but on govt to ensure their practices are proof against fraud.

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There must be a lot of fraudsters in Nigeria considering how many have wanted to gift me money over the years.

And all they wanted was my bank account details so they could deposit the money straight in.
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