Every charity must learn from Fraud Awareness Week







October 22-26 is Charity Fraud Awareness Week, and it’s an excellent initiative. The plan to highlight different types of fraud each day of the week illustrates the scale of the problem: cyber-fraud, grant fraud, donation and legacy fraud, insider fraud, and risks around moving money.

The latest Annual Fraud Indicator estimated fraud against charities in the UK at £2.3bn in 2017. Against this backdrop, OSCR’s recent guidance on reducing fraud risks is welcome. Practical and clear in its approach, it helpfully flags up trustees’ requirement to ‘act with a higher level of care than they do with their own finances and affairs’ – something many trustees may not realise.

Read entire article here.

0 views

Recent Posts

See All

© Law Exchange International 2020

Web Design by

Web and Graphic Design near Grand Rapids

Contact

David Lindgren

secretary@lawexchange.org

Shakespeare House

42 Newmarket Road

Cambridge CB5 8EP

England

Connect with LEI

  • White Facebook Icon
  • White Twitter Icon
  • White LinkedIn Icon

Add on Facebook

Add on Twitter

Add on LinkedIn