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- W173018743 abstract "With the ageing of the population, and increasing demand for individuals to be financially literate and self-sufficient, older Australians may find themselves at greater risk of fraud. Although the proportion of the elderly experiencing fraud is lower than for those aged less than 65 years, this is the crime they are most likely to experience and the effects can be devastating as the elderly are often not able to recoup the losses. This paper uses a series of simulation models to estimate the relative growth in fraud victims over the next 25 years. The modelling suggests that the prevalence of fraud could increase by up to 20 percent and the rate of growth in the number of older fraud victims will be much faster. A recent paper published by the institute has found that fraud has been estimated to be the largest component of money laundering (see TI fraudulent trade practices; misrepresentation of professional status; and non -fraudulent trade practices (Muscat, James & Graycar 2002). In older age groups, fraud has been found to be about 2.2 times more prevalent than violent offences, such as assault (Carcach, Graycar & Muscat 2001). Within the broader population, these authors found the prevalence of fraud comparable to that of assault. …" @default.
- W173018743 created "2016-06-24" @default.
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- W173018743 date "2007-08-01" @default.
- W173018743 modified "2023-09-23" @default.
- W173018743 title "Older people and credit card fraud" @default.
- W173018743 hasPublicationYear "2007" @default.
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