Insights |Investigations

7th September 2021

Fraud prevention in 5 steps

Fraud can come from anywhere, and perpetrators could include your customers, your staff, your suppliers or unknown third parties. Fortunately, fraud prevention is possible if you take the right steps to protect your business.

With financial criminals working in a fast-paced, digital environment, the number of commercial fraud cases soared in 2020, totalling to over £220 million in London and South East England alone, as shown in KPMG reports. The Crime Survey for England and Wales estimated a 15% increase to £3,863,000 lost by offences in the same year. Alongside the financial dent of fraud on businesses, is the risk it poses to the reputation and confidentiality of your organisation. But this can be avoided by following ...
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