What is serious financial crime?
Serious financial criminals deceive, cheat and steal from everyday Australians and have a serious impact upon the community.
All Australians are victims of serious financial crimes. These crimes against the tax and superannuation systems reduce the money available for essential community services, such as health, education and infrastructure.
Serious financial crimes may include:
- tax evasion
- money laundering
- phoenix activity
- cyber-enabled fraud, and
- the misuse of professional services.
Funds that are illegally obtained through tax evasion, tax fraud, money laundering or identity theft are often used to facilitate other crimes. These crimes include drug trafficking, arson, gun violence and others that cause significant harm to people and our communities.
Recognising serious financial crime
Behind every serious financial crime is a group of people who play different roles. These range from hardcore criminals who might be connected to international crime syndicates through to professional enablers who use their skills to steal information, set up dodgy companies, hide money and rip people off.
You can help us stop serious financial criminals by making a tip-off. If you notice any behaviours of concern, it’s important to report them. Your information could help protect the community and support investigations into serious financial crime.
Make a tip-off
The SFCT is committed to tackling illegal activity and behaviour of concern. If you are concerned that you or someone you know is doing the wrong thing, you can confidentially tell us about it.
To report any known or suspected illegal behaviour you can either:
- complete the tip-off form
- phone us on the ATO Tip-off hotline on 1800 060 062.