Employee dishonesty: do you know your staff?
According to its research, employee fraud is as prevalent as customer fraud, with perpetrators becoming increasingly imaginative. CIFAS recorded a 71% increase in unsuccessful fraudulent attempts to obtain employment.
These involve individuals submitting false information as part of the recruitment process (such as incorrect qualifications or falsified credit histories). The second most widespread fraud is employee dishonesty (such as stealing cash or making false expenses claims). These constitute 40% of all internal frauds recorded.