One of the most damaging types of fraud is insider fraud. This is fraud committed by someone involved with the charity, whether a trustee, an employee or volunteer.
As well as taking money away from the charity that could be spent on beneficiaries and the end cause, it’s an abuse of the relationship and position of trust between the individual and the charity.
Insider fraud can have a damaging impact on a charity’s reputation and the morale of other staff and volunteers. It can also dent donors’ and beneficiaries’ confidence in the charity and its work.
As part of Charity Fraud Awareness Week 2017 the Commisssion want to find out more about insider fraud in charities. They want to work with, and listen to charities about their experiences of dealing with insider fraud to:
- identify common themes
- highlight good practice in charities
- help other charities learn lessons and share their experience
- improve our guidance to help other charities in the future