FOR3705: Assignment 2 Semester 1 2023
QUESTION 1
Discuss five local public records as sources of information that can assist a
fraud investigator with information about asset and person location as well as
who owns or is associated with a particular property, individual, or
organisation.
As a fraud investigator, public records can be a valuable source of information when
investigating cases. Here are five local public records that can be useful when trying
to locate assets, persons, or organizations:
1. Building inspector records are documents maintained by local authorities that
contain information about various aspects of a property, including ownership,
building permits, zoning regulations, and code violations. They are created
during routine inspections conducted by building inspectors to ensure that
buildings are constructed and maintained in accordance with local regulations.
These records can be valuable to fraud investigators in several ways. For
example, if an individual or business claims to own a property but there is no
record of a building permit being issued for that property, it could indicate that
the claim is false. Similarly, if a property has a history of code violations or
liens, it could suggest that the owner is not maintaining the property properly
or may have financial difficulties.
Building inspector records can also be used to determine the current value of
a property. For example, if a property owner makes significant improvements
to a building, a building inspector will issue a new permit and update the
records accordingly. This information can be used to estimate the property's
current value and determine whether any fraudulent activity, such as inflating
the property's value, has occurred.
Overall, building inspector records can provide crucial information for fraud
investigations related to property ownership, value, and compliance with
regulations.Building Permit Records: Building permit records provide
information about the type of work done on a particular property, the
QUESTION 1
Discuss five local public records as sources of information that can assist a
fraud investigator with information about asset and person location as well as
who owns or is associated with a particular property, individual, or
organisation.
As a fraud investigator, public records can be a valuable source of information when
investigating cases. Here are five local public records that can be useful when trying
to locate assets, persons, or organizations:
1. Building inspector records are documents maintained by local authorities that
contain information about various aspects of a property, including ownership,
building permits, zoning regulations, and code violations. They are created
during routine inspections conducted by building inspectors to ensure that
buildings are constructed and maintained in accordance with local regulations.
These records can be valuable to fraud investigators in several ways. For
example, if an individual or business claims to own a property but there is no
record of a building permit being issued for that property, it could indicate that
the claim is false. Similarly, if a property has a history of code violations or
liens, it could suggest that the owner is not maintaining the property properly
or may have financial difficulties.
Building inspector records can also be used to determine the current value of
a property. For example, if a property owner makes significant improvements
to a building, a building inspector will issue a new permit and update the
records accordingly. This information can be used to estimate the property's
current value and determine whether any fraudulent activity, such as inflating
the property's value, has occurred.
Overall, building inspector records can provide crucial information for fraud
investigations related to property ownership, value, and compliance with
regulations.Building Permit Records: Building permit records provide
information about the type of work done on a particular property, the
