SKILLS YOU WILL GAIN
About this Course
The Fraud Act 2006 lists 3 types of fraud: fraud by false representation; fraud by failing to disclose information; and fraud by abuse of position. Our Introduction to Fraud and Fraud Prevention course is designed to help organisations understand the different types of fraud, its risks, and the preventative measures required in order to avoid huge sums as a consequence of fraud.
According to the Action Fraud report released in September 2017, around 272,980 fraud offences were carried out in the UK in the previous 12 months. Businesses in the UK lose up to £190 billion every year as the result of fraud. 70% of these frauds occur in the private sector. It is much cheaper to invest in fraud prevention training. More companies are now choosing to implement preventive measures against fraud. Providing employees with adequate fraud awareness training is a key part of it.
The course covers the legal requirements for employers and businesses set out by the Fraud Act 2006 and suggests practical measures that companies can take to spot, prevent and report fraudulent activity.
Did you know: In 2019, UK Finance members reported 122,437 incidents of Authorised Push Payment (APP) scams with gross losses of £455.8 million
After successfully completing the course you will receive an e-certificate that you can download onto your device.