Warfield & Associates - Superannuation fraud and theft prevention and investigation

The potential for superannuation fraud has never been greater. The new portability arrangements have highlighted the conflicting requirements on superannuation funds for efficient rollovers while preventing identity theft and other fraud. When we help trustees and senior management consider appropriate proof of identity checks to put in place and the level of those checks, we put ourselves in the shoes of a fraudster and ask ourselves – “if I was going to undertake fraud against this fund what would be the easiest way to do it ?" This is where we have substantial experience that can only be developed over many years.