Accountants urged to be on guard for Covid-19 fraud

As the National Crime Agency reports increased fraud during the pandemic, accountants must be extra vigilant and take steps to help clients falling victim to Covid-19 scams, warns Anne Davis of the Institute of Financial Accountants

According to findings released by the National Crime Agency (NCA), Covid-19 has exacerbated the already £190bn a year fraud problem we have in the UK. New opportunities have been created through government support schemes, and together with reduced workforces, fraud is easier to carry out and harder to spot.

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