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Multiple charities – including the Church of England – that claim they lost out after a senior partner stole millions from clients’ estates are suing her, her former partner, the firm and its insurer.
A man who fraudulently obtained money from a mother and her daughter was convicted of his crimes at Inner London Crown Court on Tuesday, 21 July.
BURY Trading Standards is supporting the Citizens Advice campaign on scams awareness which is currently running.
Beamish Museum, a major attraction in the North East, reported concerns to the Charity Commission and Durham Police.
https://www.expressandstar.com/news/uk-news/2020/06/05/police-inquiry-over-financial-concerns-at-open-air-museum/
This webinar will highlight some of the common ways that charities may be affected by fraud during the COVID-19 pandemic and provide some simple prevention tips.
A WEE COUNTY charity has warned of criminals taking advantage of the Covid-19 pandemic to scam organisations buying personal protective equipment (PPE).
Since the outbreak of COVID-19 we have seen a rise in fraud related to the pandemic.
https://www.fraudadvisorypanel.org/events/covid-19-and-charity-fraud-what-to-watch-out-for-and-how-to-stay-safe/
Fraudsters are trying to capitalise on public generosity during the coronavirus pandemic by setting up fake funds and pretending to be established charities.
https://www.ipswichstar.co.uk/news/fraudsters-exploit-public-generosity-during-crisis-with-fake-charity-scams-1-6643155?utm_source=Twitter&utm_medium=Social_Icon&utm_campaign=in_article_social_icons
This alert provides information and advice for charities about coronavirus (COVID-19) related fraud and cybercrime.
According to the ACFE’s upcoming 2020 Report to the Nations, nonprofit organizations were the victim in 9% of fraud cases reported by CFEs in the study — with a median loss per instance of $75,000 and an average loss of $639,000. Of these cases, nonprofit employees were more likely to commit fraud (39%), but those at the director and board level tended to steal more ($250,000 compared to $21,000 by employees). These losses might seem small when compared to the losses experienced by other types of victim organizations, but they can have a significant impact on nonprofits since many of them already have extremely limited financial resources. Furthermore, a fraud loss can be devastating to a nonprofit if the reputational damage and break in public trust cause a withdrawal of support and resources from donors.
https://www.acfe.com/fraud-examiner.aspx?id=4295010515&mkt_tok=eyJpIjoiTVRFNFl6VTBaamd4Tm1abSIsInQiOiIyQXFWRFhwMGFVV3FSR3pOZHFJV2R4a1poekhCT0lHNWE0bmFPZUQxTHBlUHhpdFdGWnh5d0FhSEo4TjIrb09EMDRvNitPQnJTbjZBUzVaTjVZU0pnRHRrUXZUT3JaTVlUZEd6bFJ1SjlYSjJFXC91ZytTRVYzU0NVbHhxVnlqcWIifQ%3D%3D#.XpdPNh2HHb4.twitter#.XpdPNh2HHb4.twitter
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