The Cost of Gambling Motivated Fraud in Australia
Welcome back for our first Brisbane ACFE Chapter Meeting for 2019. We are fortunate to have our first presentation of the ear by Dr Adrian Gepp (Associate Professor – Bond University, CFE) on the Cost of Gambling-Motivated Fraud in Australia,.
The nexus between gambling and fraud has become the subject of debate among a broad range of stakeholders including fraud examiners, forensic accountants, regulators, policy-makers and academics. While there is considerable anecdotal evidence of the effect of gambling on fraud offences, to date there have been no published attempts to systematically estimate the economic cost of gambling-motivated fraud in Australia. Drawing on a wide range of sources, we find that the annual cost of gambling-motivated fraud to the Australian economy is in the order of $700 million – $1.15 billion, excluding other gambling-motivated crime such as burglary and aggravated robbery. This cost is broken down by gambling type and location. This presentation also includes a discussion about potential implications of this finding.
To attend this event please book through the booking link below. We would also like to thank BDO for providing the facilities for this meeting. We really look forward to seeing you at the event.
- Time: 5.30pm
- Date: Wednesday 15 May 2019
- Location: BDO Brisbane – Level 10/12 Creek St, Brisbane City QLD 4000