Thursday, June 06, 2013

One in ten high-earning charities were a victim of fraud in 2011/12

One in ten high-earning charities were a victim of fraud in 2011/12: Nearly 10 per cent of charities with an income over �100,000 suffered fraudulent activity during financial year 2011/12, according to the National Fraud Authority’s latest report.

This year’s Annual Fraud Indicator only sampled charities with incomes over �100,000, and found that 9.2 per cent reported that they had detected fraud during the period.

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