Internal Fraud Conference Insights
Dive into the world of internal fraud with a focus on database statistics, filing reasons, and trends analyzed from real cases. Explore the data on fraud types, filing reasons, and more for a comprehensive understanding of internal fraud issues.
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Presentation Transcript
1 Internal Fraud Conference 26.09.18 Internal Fraud Conference: Cifas Intelligence Claire Brunt Assistant Director - Compliance & Best Practice, Cifas
2 2 Internal Fraud Database Total IFD Members 20.04.2025 Monthly Staff Update
3 3 Internal Fraud Database - Cases Filed 800 700 600 500 400 300 200 100 0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Jan - Aug 2018 20.04.2025 Monthly Staff Update
4 4 cont. 2013-14 % change 2014-15 % change 2015-16 % change 2016-17 % change Fraud Type 2014 2015 2016 2017 30 -35% 50 67% 31 -38% 26 -16% Account fraud 1 - 2 100% 1 -50% 0 -100% Being bribed 227 -11% 188 -17% 172 -9% 191 11% Dishonest action by staff 77 148% 34 -56% 39 15% 29 -26% Employment application fraud (Successful) 396 35% 313 -21% 159 -49% 153 -4% Employment application fraud (Unsuccessful) 1 -75% 2 100% 0 -100% 7 - Unlawful obtaining or disclosure of commercial data 53 10% 36 -32% 31 -14% 40 29% Unlawful obtaining or disclosure of personal data 20.04.2025 Monthly Staff Update
5 5 Internal Fraud Database Filing Reasons Top 5 Filing Reasons for Dishonest Action by Staff 2016 Filing Reason Filing Reason 2017 % Total % Total Filing Reason Filing Reason % Total % Total 19% Theft of cash from employer 20% Theft of cash from customer 17% Facilitating transaction fraud 14% Manipulation of a third party account 11% Perpetrating fraudulent applications 12% Falsifying documents 9% Manipulation of a third party account 10% Theft of cash from employer 8% Theft of cash from customer 8% Facilitating transaction fraud 2018 (Jan to Aug inclusive) Filing Reason Filing Reason % Total % Total Facilitating transaction fraud 17% Theft of cash from customer 16% Theft of cash from employer 13% Manipulation of a third party account 9% 20.04.2025 Monthly Staff Update Falsifying documents 5%
6 6 Top 5 Filing Reasons for Employment Application Fraud (Unsuccessful) 2016 2017 Filing Reason Filing Reason % Total % Total Filing Reason Filing Reason % Total % Total Concealed adverse credit history 41% Concealed adverse credit history Concealed address with adverse Concealed employment record Concealed employment history Concealed unspent criminal convictions 55% 14% 9% 7% 7% Concealed employment record 12% Concealed employment history 11% 8% Concealed unspent criminal convictions False documents 8% 2018 (Jan to Aug inclusive) Filing Reason Filing Reason % Total % Total Concealed adverse credit history 40% Concealed employment record 20% Concealed employment history 17% Concealed address with adverse Concealed unspent criminal convictions 7% 5% 20.04.2025 Monthly Staff Update
7 7 Internal Fraud Database Pre versus Post Employment 51% 49% Pre Employment Post Employment Pre Employment Post Employment 20.04.2025 Monthly Staff Update
8 8 Internal Fraud Database Refiles 30 25 20 15 10 5 0 2013 2014 2015 2016 2017 2018 (Jan to Aug) 20.04.2025 Monthly Staff Update
9 9 Internal Fraud Database Gender Split 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2013 2014 2015 2016 2017 2018 (Jan to Aug) Male Female 20.04.2025 Monthly Staff Update
10 10 Internal Fraud Database Matches 60 50 40 30 20 10 0 Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul 2013 2014 2015 2016 2017 2018 20.04.2025 Monthly Staff Update
11 11 Internal Fraud Database Employments Prevented 600 500 400 300 200 100 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Jan - Aug 2018 20.04.2025 Monthly Staff Update
12 12 The Insider Fraud Picture report Launched today Collect your copy before you leave or read on the Cifas website or Secure Members Area 20.04.2025 Monthly Staff Update
13 Internal Fraud Conference 26.09.18 Thank you for listening. Any questions? 20.04.2025 Monthly Staff Update
