Category: Fraud

Ponzi Schemes

February 2019

A top of the range Bentley at a substantial discount to list price? A deal too good to be true? Unfortunately, it was. We often hear about Ponzi schemes and ever since Charles Ponzi pioneered the idea in 1919 through...

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Crown Fraud – Stealing from the State

February 2019

This article focuses on crown fraud – fraud concerning Crown monies, in particular the non-payment of tax liabilities. The Consequences of Crown Fraud There are significant consequences for businesses and individuals who do not pay their tax liabilities. It deprives...

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Bank Fraud

February 2019

This article focuses on bank fraud and fraud against other funding organisations. Bank Fraud Fraudsters often defraud banks by securing an overdraft and then maxing it out with no intention of repaying it. When banks do not impose a form of...

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Grant Fraud – Misappropriation and Misuse

February 2019

This article focuses on grant fraud where the benefactor is a legitimate organisation. There is a high risk a fraudster can pocket considerable sums when systems do not detect illegitimate spending. What is Grant Fraud? Fund providers are at risk...

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Charity Fraud: Are Trustees too Trusting?

June 2018

Recent media coverage highlights several high profile charity fraud cases, where charities have been defrauded by internal members of staff at an executive level, leading to losses of hundreds of thousands of pounds. Similarities between cases have shown that the...

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Protecting Your Business Against Fraud

January 2018

“The intentional deception for personal gain” makes it all sound a bit obvious, but how do you know there aren’t fraudulent activities taking place within your business? There are many types of fraud and unfortunately, some are very hard to...

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