Sabra Gibson's Blog

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The Coalition was founded in 1993 as the nation's only anti-fraud alliance speaking for consumers, insurance companies, government agencies and others.

We are helping to unify America's fraud fight. In just a few short years, we've become the voice of the anti-fraud community and a trusted source of information on all aspects of insurance fraud. Among our achievements...

Government affairs

Enact stronger laws. We serve as a leading national source for tough anti-fraud legislation and regulation. Our model anti-fraud laws take a hardline stance against all aspects of this crime. They're endorsed by major national groups representing state legislators. Nineteen states have passed anti-fraud laws based on the Coalition's model insurance fraud bill, the most comprehensive model ever drafted for insurance fraud.

Create model laws. We have developed model laws making it a crime to recruit people into fraud schemes and to hire recruiters, creating a state fraud bureau, requiring inspections and photos for used vehicles before the owner buys auto insurance and setting guidelines for anti-fraud regulations.

Strengthen anti-fraud. The Coalition routinely advises state legislators and regulators on anti-fraud laws and strategy, and acts as official advisor to key organizations that represent state lawmakers, regulators, investigators and consumers.

Hold major summits. We sponsor national and state summits that bring together leading fraud fighters from industry, government and elsewhere to focus on key anti-fraud issues, and to build consensus about ways to fight back.

Support prosecutions. The Coalition supports stronger state fraud prosecution by filing amicus briefs with the Massachusetts supreme court when trial lawyers sought to undercut funding of fraud prosecutors. The court ruled in favor of state funding, and used some of the Coalition's language in its decision.

Alerting the public

Earn national news coverage. We raise public awareness of insurance fraud, and how the public can fight back. We're a leading national expert for the news media. The Coalition regularly places stories with news outlets such as the Wall Street Journal, New York Times,BusinessWeek, U.S. News & World Report, USA Today, Associated Press, Forbes, Fortune,60 Minutes, 20-20, NBC Today Show, CBS, ABC and NBC News, Primetime and Court TV.

Provide a definitive website. No other Internet site provides the depth of information on insurance fraud in the U.S., fulfilling a needed service to the entire fraud-fighting community — consumers, anti-fraud professionals, researchers, public officials and others. Ranked #1 in Google search engines for the last eight years. More than 9,000 pages on the Internet are linked to InsuranceFraud.org.

Empower consumers. The Coalition offers hard-hitting consumer information to expand their understanding of the problem, help them avoid bookletsbecoming victims, encouraging them to report fraud and helps them make better ethical decisions in buying and using insurance. Consumer materials available include videos, posters and full-color brochures offering vital practical advice and alerts. They're titled Fraud: The Crime You Pay For. Continue reading…

Overseas buyers are welcome to search for any Japanese company free of charge. Registration is not required to search for Japanese companies. Feel free to seach any Japanese company.

Whilst the vast majority of websites in Japan are of genuine business companies, it is a sad fact that online scams and fraud are alive in Japan, and rest of the world. It is very important to be smart and stay safe by exercising all due precaution and do not become a fraud victim.

If you notice any website which you feel is fictitious or suspicious, please contact this organization with details. In order to keep online shopping clean and safe, your cooperation is highly appreciated.

If you are victim of online fraud in Japan, please inform your case. This Organization has close connection with Japanese police, and all fraud-attempts are immediately reported to Japanese Police Department.

If your searching company is not found in our database record, send inquiry by filling "inquiry form".

For accurate result, please send "as maximum as possible" detail of the Japanese company ySearch for "JCTO" verified Japanese companies.

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.

With an increase in electronic transactions between superannuation funds, clients and third parties like clearing houses, fund executives need to ensure their systems are safeguarded against external threats through measures such as security applications and firewalls.

Threats that will continue to impact Superannuation Funds include:

• -Theft of rollover fund cheques
• -Increased use of false identity is an ongoing challenge
• -Rapid emergence of electronic interactions
• -Breaches of the Counter-Terrorism and Anti-Money Laundering Act
• -Attacks by 'phishers'

We believe that our experience in superannuation fraud and theft prevention and investigation can greatly assist trustees, senior management and administrators.

Our experience in the superannuation sector that supports our ability to reduce the likelihood of superannuation fraud occurring, or when it doers, investigate it, includes:

• -Fraud risk assessments and fraud awareness training at several superannuation funds which have investment divisions.
• -A high-level fraud risk review of a large superannuation fund including the capacity of the various outsourced operations.
• -Performing an investigation of a superannuation company that carried out a fraudulent scheme to hide from investors the nature of the investments being acquired, and losses of more than $25 million.  This included being appointed as delegate of the Inspector under the ---Australian Prudential Regulatory Authority (“APRA”) Act.
• -Reviewing controls of cheque payment procedures for one of Australia’s largest fund managers.
• -Reviewing controls of the funds management area of a leading financial institution after a fraud investigation revealed collusion between client service staff and clients to defraud the company of fees.
• -Acknowledged as a contributor to ASFA’s best practice paper number 20 – ‘Managing the risk of fraud and theft in superannuation funds’.

The prevalence of Superannuation fraud and theft is only going to grow as the threats referred to above become more widespread. 

Warfield & Associates has the knowledge and expertise to help you mitigate the risk of superannuation fraud and theft.