Fraud: Charities warned to be extra vigilant over coming months

UK Fundraising:

Charities lost almost £8.6 million to fraud in the last financial year, and the Fraud Advisory Panel is warning charities to be vigilant over the coming months, with opportunities and motives for fraud likely to rise with the economy under strain.

Data released during this week’s Charity Fraud Awareness Week also suggests that charities may currently be vulnerable to fraudsters attempting to exploit the Covid-19 pandemic because staff and volunteers are less likely to have had fraud training. A study carried out by the Charity Commission in partnership with the Fraud Advisory Panel last year found that only 9% of charities had a fraud awareness training programme.

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