In the previous edition of this campaign we looked at completing a witness statement. This week we look at what might occur when are called to court. Remember that if you are involved in a criminal prosecution; you have given a statement that complies with section 9 of the Criminal Justice Act 1967; and the […]
Category: Email Campaign
Statements & Reports
Previously in part 12 of this email campaign we looked at some issues that you might consider when investigating a suspected fraud. In this issue we look at some things to consider when completing two formal documents that you might be required to complete in order for legal action to be taken. When you Might […]
Debt Recovery Options
Is it ever Worthwhile Recovering Money From A Fraudster? In this edition of the email campaign we look at whether it is ever worth considering recovering money from an employee that commits a fraud or attempting to recover money from someone who commits a fraud (such as through a chargeback) against your organisation. Read more>>
Upon Discovering A Suspected Fraud
You Suspect That a Fraud Has Occurred In part 12 of this campaign we looked at the basics of investigating a fraud and identified some of the things that you should consider. This email looks at some further things that you might need to contemplate when tackling an employee that you suspect has committed a […]
Counter Fraud Training
Why you need to train to protect your business As will be obvious from the email campaign economic crime is a complex and ever present threat. Without training your business is at a serious disadvantage compared with the fraudster, who only has to be lucky once, is organised, and who can bide their time and […]
Mitigating Fraud Losses
Why mitigate your fraud losses In addition to reducing the risk of economic crime by taking steps to harden your business against fraud attacks you can also mitigate the effects of some types of fraud attack where they cause specific harm. One option for risk mitigation is the transfer of risk. A common way of […]
Fraud and Terrorism
Why are we Linking Fraud and Terrorism? This week we are looking at the darker side to money laundering and fraud attacks upon your business. It has long been known that fraud in the travel sector has been linked to organised criminal gangs, what is not so readily understood is that fraud has also been […]
Key Management Checks
Why You Should Carry Out Key Management Checks? Internal Fraud comes in many guises. No organisation is safe from fraud and much of it is hidden. In this email we look at some key areas where fraud occurs and which are easily hidden and recommend some management checks that you can take to tighten up […]
Advanced Employee Checks
Why You Should Carry Out Advanced Checks On Potential Employees? We have looked previously about the very minimum basic checks that should be carried out when employing staff. Basic checks are designed to identify that: · the person is who they say they are, · the person is legal to work within the UK, · […]
Fraud Prevention Systems
7 Things to Consider when Purchasing a Fraud Prevention System If you organisation has been the victim of payment fraud and you are looking to purchase a fraud prevention system consider the following 7 steps. Read more>>
Know your client
Why You Should Check Out Your Client Know your Client (KYC) is arguably the most important aspect of the UK’s anti-money laundering legislative requirements and businesses that are required to comply with anti money laundering legislation must comply fully with them. However being sure who you are doing business with should form the basis of […]
Security – part 2
Why Security Matters The best defences against fraud are useless if they are let down by your security processes. Physical Security Whilst you do not wish to make your work premises a forbidding, prison-like, fortress, it is important to have an appropriate level of security that protects your business from unwanted and potentially harmful attention. […]
Security – part 1
Why Security Matters The best defences against fraud are useless if they are let down by your security processes. Physical Security Whilst you do not wish to make your work premises a forbidding, prison-like, fortress, it is important to have an appropriate level of security that protects your business from unwanted and potentially harmful attention. […]
Investigating Internal Fraud
An Internal Fraud Occurs No matter how hard a company tries to minimise its fraud risk, at some point an internal fraud will occur. A fraud investigation can have serious consequences for a company, regardless of the final outcome. Staff morale can suffer and customers may be concerned enough to not enter into contracts or […]
Fraud and Money Laundering
What is the Difference Between Fraud and Money Laundering The preceding parts of this series have concentrated on fraud. But what exactly is fraud? The following is an overview of what fraud and money laundering are and should not be taken as a legal definition. Readers should refer to the CPS guidance on these subjects […]
Identity Fraud
Why secure your identity? Fraudsters generally hide behind another person’s identity to obtain anonymity and avoid detection. Identity Fraud enables criminals to carry out employment and payment fraud and many other scams safe from detection. Once someone has compromised your identity they can use your personal details to commit crime, smuggle people across borders, open […]
Data and Payment Security – part 2
In the last email we looked at security of personal data. This time we examine the issue of payment data security. The benefits of increasing the security around the collection of personally identifiable information goes beyond credit card fraud to include helping merchants win chargebacks due to friendly fraud. Why Secure your Data and Payment […]
Data and Payment Security – part 1
Why Secure your Data and Payment Information? Payment and personal details are the basic tools used by criminals to commit fraud. If you have unsecured payment systems or personal data and this is used for fraud then you could be liable. The most obvious reason for securing data and payment details is that unsecured data […]
Chargebacks and 3D Secure
What is a chargeback? A chargeback is where a customer has had money debited from their credit card which they dispute, if the dispute is upheld it results in a refund being made to the customer. Are chargebacks fraudulent bookings? Up to 65% of chargebacks are where a customer has reported an unauthorized use of […]
Payment Fraud – Validating a booking
In our further look at payment fraud we take a look at validating a booking. On occasions your company will come across bookings that require a manual review to ascertain if the booking should be accepted or rejected. Whether taking online or ‘Call Centre’ bookings there are a few simple steps you can take to […]