United Kingdom

Fighting Fraud library 

The Fighting Fraud library is designed to be a repository for articles previously published on this site
National Fraud Intelligence Bureau: Monthly Threat Update 

September 2013

In the current climate, it can be difficult for the police to prioritise all fraud cases. You could potentially gain the same benefits from the courts through privately investigating and prosecuting. 

 

Crowdfunding: is there really safety in numbers? 

August 2013

Given the credit crunch and shortening lines of credits that banks now offer, the growth of crowdfunding seems inevitable. However, the real question is whether it is really a sustainable and reliable resource? Or is it too good to be true?

 

National Fraud Intelligence Bureau: Monthly Threat Update 

September 2013

The Monthly Threat Update produced by the National Fraud Intelligence Bureau (NFIB) aims to provide a brief assessment of key threats that are currently happening in the UK and highlight any predicted trends likely to occur.

 

Procurement Fraud: Are you Prepared? 

July 2013

In this second part of our two part series on procurement fraud, we are taking a look at the prevention and detection of procurement fraud.

 

KPMG Fraud Barometer 

July 2013

The bi-annual fraud barometer – drawing on over 25 years worth of data - is the longest running study of its kind in the UK identifying fraud patterns. It helps us and our clients to both remain alert to new threats and respond appropriately and proactively to fraud risks. Following the decline of 2012 fraud is once again on the rise, with the most recent data highlighting the supply chain as a particular target for professional criminals.

 


Digital payments don't increase the risk of fraud 

June 2013

The problem, after all, is not about what technology can do, but the fact that every technological development can be misused

 


Procurement Fraud: Could this happen to you? - How it occurs 

June 2013

This article is the first in a two-part series: the first looking at how procurement fraud occurs and the second looking at the prevention and detection of procurement fraud.

 

Shared Service Centre 

June 2013

Finance shared service centres (“FSSC”) have become an essential part of many organisations, but they require a paradigm shift in the way businesses manage fraud risks.

 


National fraud intelligence bureau 

April 2013

The Monthly Threat Update produced by the National Fraud Intelligence Bureau (NFIB) aims to provide a brief assessment of key threats that are currently happening in the UK and highlight any predicted trends likely to occur.

 

US Treasury cracks down on Virtual Money 

April 2013

In March 2013 the US Treasure Department has stated that it intends to apply current money-laundering legislation to "virtual currencies," responding to concerns that they are being used to facilitate illegitimate business.

 

Joint Venture Investigations 

March 2013

Conducting an investigation in a joint venture context is a complex undertaking. A number of partner organisations will be required to engage and deliver in a situation of stress, where speed of execution can be critical to the achievement of a successful outcome.

 

Food contamination 

April 2013

In the wake of the horsemeat scandal we discussed last month, businesses are improving their supply chain standards to meet retailers' demands. Now they need to focus on restoring trust and confidence of their consumers and stakeholders and taking steps to minimise the financial impact.

 


National Fraud Intelligence Bureau: Monthly Threat Update February 2013. 

March 2013

The Monthly Threat Update produced by the National Fraud Intelligence Bureau (NFIB) aims to provide a brief assessment of key threats that are currently happening in the UK and highlight any predicted trends likely to occur.

 


Mobile Fraud: Managing Old Threats on a New Avenue 

March 2013

There is an increasing level of consumer concern regarding privacy and security, particularly using mobile devices.

 

Managing Risks of expanding overseas 

March 2013

Working across borders is fraught with risk. Simon Albrighton, head of Forensic for KPMG in the Midlands looks at the some of the risks regional businesses must consider.

 

Cows in a field 

February 2013

The Food Standards Agency (FSA) recently ordered all food companies to test their beef products and report their findings in the wake of what it has called “the horse meat issue”.

 


Fraud Barometer 

February 2013

Lying beneath the billions of Google-indexed websites is a hidden or “deep” web. The vast majority of this is made up of inaccessible areas; however, a number of web pages have been deliberately hidden that include illegal, or morally questionable, material - this is known as the ‘Dark Web’.

 


Fraud Barometer 

February 2013

The morning after a ‘rogue trader’ is discovered can be a charged and emotional time. The press eagerly tries to paint a picture of the individual by speaking to surprised colleagues and the general public, with reactions ranging from surprise to outright anger that so much damage could be done by a single person.

 


Man writing on graph 

January 2013

The Transparency International (TI) Corruption Perceptions Index (CPI) was released at the end of 2012 and features a new methodology, which now presents a score for each of the 176 countries and territories from 0 to 100.

 


Fraud Barometer 

January 2013

While rogue traders and professional criminals have been behind the fraud ‘super’ cases seen in recent years, the latest bi-annual ‘Fraud Barometer’ from KPMG has shown a rise in individuals committing more traditional scams such as Ponzi schemes, cheque fraud and procurement fraud.

 


Are you paying your supplier, or a fraudster? 

December 2012

Think of a financial fraud and the vast majority of people will assume the con-artist scrupulously plans a highly sophisticated attack. They may be right – but not all the time. Some frauds are so simple they are impossible to detect until it is too late.

 

Using Learning Technology to Fight Fraud 
 

December 2012

As fraud rises up the agenda for Boards globally, one of the key challenges is how to effectively influence a sea change in the attitudes and behaviours of their executives and staff.

 

Tracing the taxpayers’ money 

November 2012

An exploration of the increase in requests for asset tracing services, particularly state assets, in the last five years.

 


Ten warning signs - Is fraud being committed in your company? 

October 2012

With the value of fraud perpetrated by employees on the rise, here are a few warning signs to look out for which may indicate that fraud is being committed within your company

 


Mobile Commerce 

Mobile commerce isn’t just about influencing a consumer at the point of sale: it brings the point of sale to the consumer. It’s a business revolution – and one which has already started. '

 


Fraudster 

Company bosses including those working within the chief executive or managing director’s offices are increasingly committing more fraud, according to KPMG's global survey 'Who is the typical fraudster?'

 


Fraud Barometer 

The extent of fraud perpetrated by management and employees has been exposed after a rapid decline in fraud super cases coming to court during the first six months of 2012.

 


Global Manufacturing Outlook 

Over a third of manufacturers in Europe are continuing to focus on the risk, reliability and flexibility in their supply chain, according to KPMG’s 2012 Global Manufacturing Outlook.

 


Hard and soft controls work together to reduce fraud risk 

Hard internal controls are traditionally the first line of defence against fraud and misconduct. But simply increasing the number of rules when new risks are detected can be counterproductive.

 


Doing business under the UK Bribery Act 

One year on from the UK Bribery Act coming into force KPMG India considers how Indian companies are applying the law.

 

 


eReview - a skill in itself 

The search for fraud has always demanded a certain degree of document review which, with advances in technology, is becoming centralised on computerised review platforms.

 


Companies seek to blow whistle on fraud 

Many companies are ramping up their whistleblowing protocols, prompted, perhaps, by the UK Bribery Act 2010.

 


Tough justice 

The FSA concludes that almost 30% of takeover deals showed some characteristics of insider dealing.

 


Offender profiling of fraudsters - the future of fraud risk management? 

The FBI's Behavioural Analysis Unit ("FBI") made famous in such films as "Silence of the Lambs", has turned its attention to white collar criminals.

 


1 July 2011 - the end of the beginning? 

There has been much talk, conjecture, and speculation about the UK Bribery Act 2010 since its passage last year.

 


Are pharma companies aware of their third-party compliance positions? 

The trend in the pharmaceutical industry to use third parties has increased, as the pressure on boards to reduce costs continues to mount.

 


Better than the cure - the evidence 

Fraud risk management is practised across the globe, but the underlying principles are implemented in varying degrees.

 


KPMG joins up fraud links for UK police 

Organisations are often adept at identifying their own instances of fraud, but poor at sharing information with other likely targets.

 


Forensic Accountant Issue 37 Summer 2012 

The Summer 2012 edition of the Forensic Accountant, KPMG’s magazine exploring some of the key issues currently impacting the litigation and dispute resolution landscape.