Counter-fraud

Colin Gray, Principal Fraud Consultant at SAS UK, looks at the technologies that can help governments fight fraud since the Energy Bill Relief Scheme came into force

https://www.openaccessgovernment.org/energy-bill-relief-scheme-freezing-out-the-fraudsters/145527/

Consumers and businesses are facing numerous threats as fraudsters deploy new and sophisticated scams to part people from their digital identity and money.

https://www.finextra.com/blogposting/22948/how-businesses-and-customers-can-mitigate-new-fraud-threats-in-2022

Investment fraud is surging due to the fact that immediately after the commercially crippling pandemic lockdown, the war in Ukraine has rapidly driven up the cost of living. The difficult commercial landscape where profits are rapidly dropping creates fertile ground for investment fraud where the target is initially promised unrealistic returns on their investment.

https://www.giambronelaw.com/site/news-articles-press/library/articles/how-to-avoid-investment-fraud-things-to-look-out-for

Although whistleblowing is often represented as huge scandals in the media or on TV, it is often not quite as dramatic in reality. The majority of whistleblower cases are handled internally and concern the incorrect treatment of employees or negative working conditions. However, there have been huge scandals that have occurred at very large corporate companies. Scandals that could have been prevented with the help of whistleblowing. In this post, we therefore take a closer look at 3 occasions that whistleblowing could have made a difference.

https://www.riskcompliance.biz/news/three-examples-where-whistleblowing-could-have-made-a-difference/

UK businesses can expect a crackdown on furlough fraud after HM Revenue & Customs (HMRC) revealed that almost 14,000 whistleblowers had come forward with information about misuse of the scheme.

https://www.scotsman.com/news/opinion/columnists/furlough-scheme-fraud-crackdown-ramped-up-3828670

The construction industry plays a central role in the UK’s ‘levelling up’ plans, making new infrastructure, homes and service projects a reality.

https://hertstools.co.uk/fraud-in-the-construction-industry/

Chancelle Blakey, business development manager at Safecall, discusses how the food sector is lagging behind in the whistleblowing trend and why it should take part

https://www.specialityfoodmagazine.com/retail/how-whistleblowing-systems-can-help-the-food-industry-address-wrongdoing

Students heading to university this September have been warned to be extra vigilant when it comes to their money as figures reveal more than half have been targeted by criminals in the past year.

https://www.yourmoney.com/saving-banking/student-scams-soar-heres-how-to-stay-safe/

The UK’s top financial watchdog sounded the alarm over rising fraud rates today as scammers look to swoop on vulnerable consumers amidst a cost of living crunch.

https://www.cityam.com/fraud-on-the-rise-as-cost-of-living-soars-fca-warns/

13,775 whistleblower reports have now been received by HMRC about fraud against the furlough scheme as people report their employers, and ex-employers, City lawyers have told City A.M.

https://www.cityam.com/whistleblowers-play-key-role-in-crackdown-on-furlough-fraud-as-hmrc-gets-nearly-14000-tip-offs/