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Posts in Fraud Prevention

NAB x Gobbill: Collaborating to fight against scams and fraud.

October 1st, 2023 Posted by Fraud Prevention, Global, Gobbill News 0 thoughts on “NAB x Gobbill: Collaborating to fight against scams and fraud.”

Gobbill is pleased to announce that we have teamed up with NAB to fight against scams and fraud.

Time saving and secure funds collection and bill payments for disability participants living in shared accommodation.

August 23rd, 2023 Posted by bills, Business Management, Financial Management, Fraud Prevention 0 thoughts on “Time saving and secure funds collection and bill payments for disability participants living in shared accommodation.”

Supported Independent Living (“SIL”) under the National Disability Insurance Scheme (“NDIS”) supports participants to live independently in shared accommodation homes. These homes are designed to enable supports to be easily delivered for daily living and household tasks. While the NDIS will cover support costs, it does not cover everyday living costs which everyone is expected to incur. Examples are food, grocery items, utilities, entertainment, and internet which may be shared with other participants in the home and managed by the SIL operator. 

Participants and SIL operators managing shared costs can find themselves in all sorts of situations which may present a financial risk. It creates risks such as support workers having access to participants’ bank accounts and/or physically handling cash. The SIL operator who employs the support worker is responsible for having proper financial processes and controls in place.  

It also creates headaches and more work to chase payments when they are missed or short paid.

SIL operators using Gobbill technology say it is like set-and-forget when it comes to automatic collection of funds into their bank account. It saves their business time on reconciliation, improves cashflow and increases transparency in the financial management processes.

How Gobbill can assist?

Gobbill is an Australian built solution which helps SIL operators to manage and automate the collection of funds from participants by debiting their bank accounts when payments are due. This is set-up once when the participant signs up with the operator. Participants do not have to give the support worker their credit card, internet bank access or cash to pay for everyday expenses anymore. 

It is a simple 3-step process:

1.           Setup your participants in Gobbill with their bank accounts to direct debit.

2.           Send your invoices into <your_participant>@gobbill.com account.

3.           The amount is debited and deposited into your account by the due date.

With Gobbill taking care of the collections and bill payments, this allows SIL operators to save significant administration time and improve their cashflow while reducing the risk of financial abuse.

Email [email protected] or contact us at Gobbill.

Scammers use phishing attacks to ‘socially engineer’ their way into your savings.

August 21st, 2023 Posted by Fraud Prevention, Internet Safety, Staysmartonline 0 thoughts on “Scammers use phishing attacks to ‘socially engineer’ their way into your savings.”

The latest figures reveal phishing is a practice that is only becoming more and more widespread. Phishing was the most reported scam to Scamwatch in 2022, with the government website recording 74,573 complaints — a 4.6 per cent increase on the previous year. In 2022, the total financial losses from phishing reported to Scamwatch and the Australian Financial Crimes Exchange totalled $157.6 million.

Advances in machine learning and AI have made it harder to detect phishing scams.

The success of a phishing scam hinges on manipulating the emotions and behaviours of a potential victim.

Urgent calls to action requiring a victim to pay off an outstanding tax debt or reactivate a suspended bank account are common techniques used by scammers.  Ofir Turel, professor of information systems management at the University of Melbourne, says scammers appeal to the impulsive part of our brains, using temptation to override restrained, logical thinking.

An iPhone render showing an example of phishing
Phishing attacks commonly employ language that provokes a sense of urgency in its victims.(Supplied: Scamwatch)

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How scammers use phishing attacks to ‘socially engineer’ their way into your savings
By Judd Boaz and Leanne Wong

$430K stolen from Melbourne High School to feed a gambling addiction. Gobbill can prevent such fraud says CEO and former school’s old boy.

March 7th, 2023 Posted by Business Management, Featured, Financial Management, Fraud Prevention, Payments 0 thoughts on “$430K stolen from Melbourne High School to feed a gambling addiction. Gobbill can prevent such fraud says CEO and former school’s old boy.”

A former business manager of Melbourne High School has been jailed after stealing more than $430,000 from her employer to feed an out-of-control gambling addiction.

Frances Walshe’s first theft in early 2012 went unnoticed by the school because of a poor financial governance model that gave the 65-year-old unchecked access to its bank accounts.

Over the following decade, Walshe made a further 263 illegal transactions, stealing $432,546 from the school’s coffers to feed an out-of-control gambling addiction.

Schools, clubs, not-for-profits and other organisations can’t rely on trusting one person who has banking access. For less than $50 per month, a subscription to Gobbill automates accounts payable saving time and costs. It reduces the need to access Internet Banking for making payments, and eliminates or reduces the risk of internal and external fraud.

Shendon Ewans – Gobbill CEO and a Melbourne High School ‘Old Boy’ says that this type of crime could have been prevented. For such a school where funds are so important and fundraising can be very difficult at times, it is disappointing for the school’s management to not have the proper check and balances.

Find out how Gobbill can protect your organisation – school, club or private business.

Contact Gobbill https://gobbill.com/contact/

Image Source: ABC News. Frances Walshe (right) has been sentenced to two years’ jail after stealing thousands of dollars from Melbourne High.(ABC News: Kristian Silva)

Read more from ABC News: https://www.abc.net.au/news/2023-03-06/melbourne-high-school-frances-walshe-business-manager-jailed/102057716

Plenty to smile about when you’re on top of your bills and cash flow.

January 12th, 2023 Posted by Business Management, Financial Management, Fraud Prevention, Time Management 0 thoughts on “Plenty to smile about when you’re on top of your bills and cash flow.”

Photo of Dr. Paul O’Keefe, Practice Owner of Premier Health Partners

Paul is a small business owner who has overseen the growth of his clinic from humble beginnings to what is now a fully multi-disciplinary medical clinic, combining osteopathy with general practice, physiotherapy, myotherapy, clinical psychology, dietetics and remedial/sports massage.

As his practice grew, Paul was spending more time and energy on managing his accounts payable. Instead of closing up for the day and spending time with his family, he would be sorting out admin. Paul heard about Gobbill from one of his patients. Since signing up and using it for a while, here’s what he has to say:

“Gobbill takes the stress out of bill payments for my business. Once the account is setup everything is totally automated. I just email bills to my Gobbill account and I know they’ll be digitised and paid on time and that Gobbill will check for any duplicate or fraudulent bills. Every few weeks I log in and sync bills to Xero, and that’s my whole accounts payable process done as simple as that.

Gobbill has saved me heaps of time and makes bill payment so easy. It’s a part of my business I don’t even think about anymore, you just set and forget it and know everything is being done right. I would recommend Gobbill to other business owners out there looking for a solution to their accounts payable process.”

By automating the accounts payable aspect of his business using Gobbill, Paul has been able to save time and effort on admin which he has estimated to be around $30,000 per annum. It helps him to manage his cashflow with maximum control and minimal effort.

Many business owners using Gobbill have saved up to 70% of their time spent and around $30,000 per annum on managing their accounts. These include medical health clinics, osteo/physio clinics, dental clinics and more.

Find out more about how Gobbill can help your business, contact Tonisha at [email protected] or visit gobbill.com

NDIS Fraud is costing billions yearly. CEO delivers insights at a fraud conference.

December 2nd, 2022 Posted by Fraud Prevention, NDIS, Payments 0 thoughts on “NDIS Fraud is costing billions yearly. CEO delivers insights at a fraud conference.”

CEO of Gobbill (& Aspect Plan Management), Shendon Ewans spoke about #NDIS fraud at the Transform Finance Conference (Anti-Money Laundering #AML, #Fraud, Technology Innovation & #Security) on the 1st of December 2022 Crowne Plaza Melbourne.

The topic covered “Insights Into the Extent of Fraud in the National Disability Insurance Scheme (NDIS) Costing Billions Yearly.”

The latest federal #budget2022 forecasts spending on the #NDIS could hit ~$100 billion per annum in a decade and is looking at a new Taskforce costing $126m over four years to tackle NDIS fraud.
• The NDIS costs the Federal Budget $27b (FY22) and it has allocated $38b for FY23.
• Fraud levels have been reported to be as high as 15-20% (~$5b) last year.
• Gobbill has been detecting and preventing #scams and #fraud for its NDIS clients and other vulnerable people over years.


Contact Gobbill to find out more.

Over $5Bn annually in NDIS could be fraud according to the Head of Australian Criminal Intelligence Commission.

August 15th, 2022 Posted by Aspect Plan Management, Fraud Prevention, NDIS, Payments 0 thoughts on “Over $5Bn annually in NDIS could be fraud according to the Head of Australian Criminal Intelligence Commission.”

The Australian Criminal Intelligence Commission boss Michael Phelan claims that 15-20% (~$5Bn) annually in National Disability Insurance Scheme (NDIS) funding could be fraud. In June 2022, the NDIS paid out $27Bn for the year. As tax payers, we expect the funding to support participants of the scheme who are the most vulnerable in our community.

Gobbill as a registered NDIS provider, supports thousands of participants, nominees and their providers by facilitating valid NDIS claims and payments. We use our technology to prevent and detect fraud – hence protecting the NDIS budgets of our clients with disabilities.

A joint investigation by 60 MINUTES, The Sydney Morning Herald and The Age, has found that the NDIS money has proven an irresistible magnet for criminals. It’s a sad reality of life that some truly awful people walk among us. However, the title of “most despicable” must surely go to members of the organised crime networks who have been targeting vulnerable Australians in order to rip off the National Disability Insurance Scheme.

The NDIS is wanting to invest in an ability to detect, prevent and respond to fraud and non-compliant behaviour as the Scheme continues to grow.

Gobbill is an Australian FinTech company and registered NDIS Provider able to reduce fraud and waste. To find out more about Gobbill, contact us https://gobbill.com/contact/

To read more on Nine Network: https://9now.nine.com.au/60-minutes/organised-crime-networks-targeting-vulnerable-australians/aef7079e-a7e7-4106-82ed-08fdd0838f39

Image from 60 Minutes

Scammers strike record $851m with Victorians losing the most on Covid scams. Health/medical scams up 20x.

June 7th, 2021 Posted by Alerts, Fraud Prevention, Internet Safety, Staysmartonline 0 thoughts on “Scammers strike record $851m with Victorians losing the most on Covid scams. Health/medical scams up 20x.”

Australians lost over $851 million to scams in 2020, a record amount, as scammers took advantage of the pandemic to con unsuspecting people, according to the ACCC’s latest Targeting Scams report released today.

“Unfortunately scammers continue to become more sophisticated and last year used the COVID-19 pandemic to scam and take advantage of people from all walks of life during this crisis.” stated ACCC Deputy Chair. “Victoria, which was significantly impacted by the second wave of the virus, recorded the highest losses nationwide for the first time and Victorians reported $49 million in losses to Scamwatch, more than double those in 2019.”

Health and medical scams increased more than 20 fold compared to 2019, accounting for over $3.9 million in losses.

Phishing activity also thrived during the pandemic, especially through government impersonation scams. There were over 44,000 reports of phishing scams, representing a 75 per cent increase.  

Gobbill continues to protect small businesses and households from scams and fraud throughout Covid. Join Gobbill today to have the confidence that you have cyber protection from fraudsters.

Source ACCC June 2021 https://www.scamwatch.gov.au/news-alerts/scammers-capitalise-on-pandemic-as-australians-lose-record-851-million-to-scams

WA family scammed $100K by fake NBN contractors targeting residents

August 18th, 2020 Posted by Alerts, Fraud Prevention 0 thoughts on “WA family scammed $100K by fake NBN contractors targeting residents”

The West Australian reported “Heartless scammers steal $100k off WA family as NBN Co issues alert over two new scams targeting residents”

Heartless scammers have ripped off a WA family to the tune of $100,000 amid warnings about two new NBN-related scams aimed at households in the State.

The family was targeted at the same time legitimate NBN Co contractors were working in the area nearby — a tactic reportedly used by scammers to confuse their victims.

NBN Co’s head of state media Jane McNamara said the scam was a variation on one that had come to light recently, in which scammers claimed radiation or harmful UV rays were coming from the computer.

Ms McNamara said another new scam involved residents being sent a fraudulent NBN invoice for payment after being offered an NBN upgrade over the phone.

This week is National Scams Awareness Week (#Scamsweek2020) which Gobbill has been a partner of since 2015.

Gobbill was made in Australia to protect families and small businesses from bill payment fraud.

>>>> Protected yourself from #fraud involving fake invoices by using Gobbill.  https://gobbill.com/signup FREE for households.

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