Friday, June 03, 2011

Not enough being done to tackle fraud claims report | News | Inside Housing

Not enough being done to tackle fraud claims report | News | Inside Housing

According to the survey the public sector has adequate measures in place to tackle fraud after losses have been incurred, but identified areas where improvements to pre-emptive counter fraud activities could be made

The report discovered that fewer than 50 per cent of public sector bodies accurately estimated the cost of fraud, making the crime difficult to address.

Among central government organisations, it was also found that in more than half of them counter fraud staff do not receive any professional training.

This has caught out some providers with weaknesses in internal controls and the amounts lost can be significant. New scams are always appearing, it is therefore important that providers put systems in place to help safeguard themselves against the risk of fraud.

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