Staff fraud occurs when a member of staff dishonestly makes false representation, or wrongfully fails to disclose information, or abuses a position of trust for personal gain, or causes loss to others. 

Fraudulent activity perpetrated by members of staff can range from compromising customer or payroll data to straightforward theft or the submission of inflated expenses.  Staff fraud can be opportunistic i.e. it can be a completely unplanned attack purely for personal financial gain.  However, staff fraud can also be linked to a serious and organised criminal network or terrorist financing. 

“The lack of employee recruitment checks and controls in some organisations lies at the heart of the employee fraud problem.  They are the first line of defence in stopping the criminals placing individuals inside your organisation.”  CIFAS research, Employee Fraud: The enemy within

Click here to learn more about the CIFAS Staff Fraud Database.

To download a free copy of Chartered Institute for Personnel and Development & CIFAS guide to Tackling Staff Fraud and Dishonesty: Managing and Mitigating the Risks – Guidelines for Employers, HR and Line Managers, please click here