The CCEW in collaboration with members of the Charity Sector Counter Fraud Group have set up a website to help charities tackle fraud by providing guidance, top tips, case studies and signposts to other relevant organisations.
Also as part of Charity Fraud Awareness Week, the CCEW issued its first ever summary analysis of fraud issues reported to the CCEW via the ‘Reporting Serious Incidents’ regime. The key findings included the following:
• over a third of frauds were internal
• the highest single reported loss was over £1m
• several cases related to charities overseas partners
• cyber-related frauds are relatively common.
Use this guidance to reduce the risk of fraud within your charity.
This article features in our Charity Newsletter Spring 2017. To see the full version please click here.
If you would like to find out more about any of the topics covered in our Charity Newsletter and how we at Robinson Reed Layton can assist, please contact our Charities Partner, Mark Williams, on 01872 276116 or mark.williams@rrlcornwall.co.uk. You can signup to receive our Charity Newsletter here.
This publication has been prepared by Robinson Reed Layton. It is to be treated as a general guide only and is not intended to be a comprehensive statement of the law or represent specific advice. No liability is accepted for the opinions it contains, or for any errors or omissions. All rights reserved.
Updated 24 April 2017