Fraud and the pandemic
A new help sheet has been published by Charity Commission of England & Wales (CCEW), the Fraud Advisory Panel and others that aims to highlight some of the key areas where charities may be vulnerable to fraud as a consequence of the COVID-19 pandemic. It identifies the following headline risks for 2021 to be aware of:
- Insider (or Staff/Volunteer) fraud
- Procurement fraud
- Financial statement fraud
The help sheet also provides a checklist to help charities build a defence to counter these fraud risk areas, and provides links to other resources that charities may find of use.