Protecting against charity fraud
Fraud and financial crime is one of the most common types of abuse for charities. The scale of the cost of charity fraud in recent years is estimated to be between £150 million to £2 billion per year.
The amount lost to fraud has a significant impact on the good work that charities do including; risk to valuable funds and sensitive data, the potential for damage to reputation, and the effect on public trust in the sector.
It is the responsibility of charity trustees to ensure their charity is well protected.
To help combat fraud, the Charity Commission has updated its guidance for charity trustees and workers on how to protect your charity from fraud.
For more information on protecting against charity fraud please contact Elizabeth Irvine.