Central to ECCTA 2023 is the new corporate offence of Failure to Prevent Fraud, which holds organisations criminally liable if they lack processes to stop fraudulent activity. While some sectors like financial services and law are more vulnerable, all businesses face risks under this law.
In this guide you'll learn more about the key aspects of Fraud offences, the different motivations and parts of the decision making process that leads to fraud, and how to establish your Fraud Prevention strategy in the business to reduce risk and ensure compliance.
You’ll learn more about:
The Fraud Act 2006 and Key Offences
The Failure to Prevent Fraud offence under ECCTA
Internal vs External Fraud and the reason behind it.
The Fraud triangle and the decision-making process.
The vital parts of a Fraud Prevention Strategy.
Reduce business risk with our Fraud Prevention training courses
Fraud Prevention
Fraud can have grave consequences for companies, employees, and customers.
Fraud Prevention
Fraud is criminal or deceptive behaviour aiming to secure an unfair or unlawful gain through deliberate or dishonest misrepresentation.
Abuse of Position
Bring "Abuse of Position" training to life using animation characters and storylines.
Understanding Fraud
Bring "Understanding Fraud" e-learning to life using animation characters and storylines.
Identity Fraud
Bring "Identity Fraud" compliance training to life using animation characters and storylines.
Identity Crime
Identity theft involves criminals obtaining and misusing someone's personal data to commit fraud.
Failing to Disclose Information
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Customer Fraud
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Supplier Fraud
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Authorised Push Payment Fraud
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False Representation
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Economic Crime and Corporate Transparency Act 2023
Bring "Economic Crime and Corporate Transparency Act 2023" training to life using animation characters and storylines.
Employee Fraud and Insider Threats
Bring "Employee Fraud and Insider Threats" training to life using animation characters and storylines.
Fraud Offences and Penalties
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Mandatory Leave
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Preventing Corporate Fraud
Bring "Preventing Corporate Fraud" training to life using animation characters and storylines.
The Fraud Triangle
Bring "The Fraud Triangle" training to life using animation characters and storylines.
Abuse of Position
Abuse of position is a type of fraud that employees can commit, sometimes inadvertently, when they use their position at the Company for their personal gain.
Fraud Prevention for Managers
The consequences of fraud are very serious for both companies and employees alike.
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