Fraud Control

Fraud does not always involve the notion of monetary gain, however, it can be defined as encompassing a wide variety of corrupt, deceptive, dishonest or unethical behaviours.


The following definitions are provided as examples of the average persons understanding of fraud:

  • Deceit, trickery, sharp practice or breach of confidence, by which it is sought to gain some unfair or dishonest advantage.
  • An intentional misstatement of information to obtain financial benefits through improper, unauthorised or illegal actions.
  • The use of false representations to obtain unjust advantage.
  • The offence of obtaining money or property by deceit.
  • Dishonest misappropriation of funds.


Fraud can flourish in an atmosphere of ignorance and neglect. However, a Phoenix Global fraud prevention strategy assists our clients to seek out actual and potential fraud, particularly when administrative, managerial and audit failures are exploited by those with fraudulent intent.


Phoenix Global clients understand the consequences associated with fraud related crime. The following examples of consequences should be noted as examples that occur when fraud prevention/control strategies are not implemented or actively monitored.

  • Loss of revenue;
  • Increased operating expenses;
  • Reduced operational efficiency;
  • Inability to meet obligations to employees, suppliers or contractors;
  • Damage to credibility;
  • Confidentiality compromised;
  • Public criticism;
  • Strategies and plans jeopardised;
  • Complaints from clients, customers and contractors;
  • Increased expenditure on salaries, wages and allowances;


Our program could save your business from bankruptcy.


We have over 30 years experience. Call us now on Ph. 1300 550 475 to discuss your problem.

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