Counter-fraud

Dutch FinTech is already playing a key part in delivering Covid-19 payments from HMRC at scale

Earlier than predicted, cases are already beginning to emerge of fraudulent applications for loans under emergency lending schemes for businesses introduced by the government to help companies manage the economic effects of COVID-19: the Business Bounceback Loan Scheme (BBLS) and Coronavirus Business Interruption Loan Scheme (CBILS).

https://www.addleshawgoddard.com/en/insights/insights-briefings/2020/litigation/clamping-down-fraud-concerns/

When Dame Helen Mirren revealed she had been the victim of a “humiliating” scam on the press junket for her latest movie (in which, coincidentally, she also plays the victim of a hoax), it highlighted how everyone needs to be on their guard against fraudsters. Even members of the royal family are not immune, as was illustrated when Prince Charles was dragged into a major counterfeit art scandal. But what motives scammers, other than greed? I believe the answer can be gleaned by investigating why humans lie in the first place.

https://www.business-reporter.co.uk/2020/06/02/inside-the-mind-of-the-online-scammer/#gsc.tab=0

From teenagers upwards, everyone is at risk from fraud – what danger signs should younger people be looking for?

https://www.aviva.co.uk/aviva-edit/your-money-articles/fraud-targeting/#.XtwaJWY5Og8.twitter

At a time when businesses’ reputations as employers are particularly vulnerable, how they deal with complaints and handle internal investigations could be key to future recovery and success, argue Polly Sprenger, Erin Shoesmith and Sarah Thomas

https://www.personneltoday.com/hr/companies-face-welter-of-fraud-and-safety-whistleblowing/#.XtvEr9IpmbM.twitter

The government has received almost 1,900 reports of fraudulent use of its furlough scheme, according to new figures from HMRC.

In this podcast, Jamie Smith QC, Helen Evans and Hannah Daly review where we are with dishonest assistance and unlawful means conspiracy claims after Group 7 and Stobart / The Racing Partnership. A look, too, at insurers’ recovery options in the event that the insured is engaged in ‘naughty conduct’.

https://www.4newsquare.com/podcast/fraud-and-all-that-professionals-who-know-too-much/#.XtursA-5O_0.twitter

Practical applications for finding fraud in a business scenario

The Covid-19 outbreak has meant that industries across the board have had to adapt to different ways of operating while countries around the world are in lockdown.

Last week, the government launched its Test and Trace service, aimed at contacting those who may have come into contact with someone with coronavirus symptoms.

https://fullfact.org/online/test-and-trace-scam/