Skip To Main Content

Crime Resources

HELPLINE

Call our 24hr legal assistance helpline  01455 852 040

Knowledge Banks

Our PrivateEdge website includes freely available knowledge banks with guides and templates on a range of issues that we know to be especially valuable to businesses. Access them here.

Crime

Although there may be no indication of employee infidelity, management should be mindful of warning signs and sceptical of activities within their companies. In hindsight, a lot of companies who are the victim of fraud feel that there were indications that something was amiss. We set out in this guide some of these possible signs and common themes across many frauds.

Download PDF [135 kb]

Filename
warning-signs-of-employee-infidelity.pdf
Size
134 KB
Format
application/pdf

What do we mean by supplier/customer collusion in the context of employee infidelity?

These are frauds where there is collusion between a company’s employee and one or more of it’s suppliers/customers. This can occur in a number of ways...

Download PDF [137.5 kb]

Filename
supplier-and-customer-collusion.pdf
Size
137 KB
Format
application/pdf

This fraud involves the theft of stock and/or cash by an employee and, in many ways, is a straightforward form of fraud. It is, however, often difficult to perpetrate as companies with a lot of stock or cash are usually very conscious of the need to protect it.

Download PDF [149.4 kb]

Filename
stock-and-cash-losses.pdf
Size
149 KB
Format
application/pdf

There are different versions of payment diversion frauds. The main three are supplier bank detail frauds (often referred to as “mandate fraud”), fraudulent payment instructions and fraudulent bank communications.

Firstly, in relation to mandate fraud, a fraudster contacts an employee, usually in the accounts payable department, pretending to be from one of the company’s suppliers...

Download PDF [141.4 kb]

Filename
payment-diversion-frauds.pdf
Size
141 KB
Format
application/pdf

Frauds of this type are often long-running and difficult to detect, principally due to the employee having taken elaborate steps to disguise the misappropriations. Understand these frauds and see some examples in our guide.

Download PDF [130.4 kb]

Filename
pay-away-frauds.pdf
Size
130 KB
Format
application/pdf

What is social engineering fraud?

This term is used to describe a wide variety of frauds where fraudsters dupe their victims into disclosing confidential information and making payments by using psychological manipulation known as “social engineering”.

Download PDF [135.6 kb]

Filename
how-to-spot-a-social-engineering-fraud.pdf
Size
135 KB
Format
application/pdf

Many businesses choose not to opt for crime insurance; however, by doing so, they risk exposing themselves to potentially significant frauds and thefts. Here we summarise some of the “crimes” which frequently affect businesses, outline what crime insurance is and explain the role of a fraud investigator in investigating claims under certain crime policies.

Download PDF [148.3 kb]

Filename
crime-introduction.pdf
Size
148 KB
Format
application/pdf

Set out in this guide is a list of controls that may help prevent fraud. This is not intended to be an exhaustive list but, instead, is intended to assist with the consideration of a company’s control environment. The controls are separated into different areas - Recruitment and HR, Finance, Cash Handling and Stock.

Download PDF [120.8 kb]

Filename
controls-checklist.pdf
Size
120 KB
Format
application/pdf

There are different versions of payment diversion frauds. The main three are supplier bank detail frauds (often referred to as “mandate fraud”), fraudulent payment instructions and fraudulent bank communications.

Firstly, in relation to mandate fraud, a fraudster contacts an employee, usually in the accounts payable department, pretending to be from one of the company’s suppliers...

Download PDF [141.4 kb]

Filename
payment-diversion-frauds.pdf
Size
141 KB
Format
application/pdf