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Posts in Fraud Prevention

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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