An important aspect of running a business is ensuring you’re well protected. An area often overlooked can be financial fraud. Here our Finance Crime team share what you need to look out for.
These days, fraud is an increasingly common type of crime and financial fraud is becoming more prevalent every year. We have a dedicated Financial Crime team who work closely with government anti-fraud agencies. We do this because, as a responsible lender, we want to help protect our clients from financial crime.
Today, many fraudsters targeting both businesses and people, will try and make themselves seem more legitimate by impersonating more recognisable, respectable brands such as lenders and banks. When this happens, it’s called “Advance Fee” fraud. Here’s some examples of how it’s committed:
Most legitimate companies including Ultimate Finance, will never contact clients or prospective clients and ask for “advance fees” concerning any of our products.
If someone does contact you in this vein, here are a few golden rules:
You can read more about how you can protect yourself or your business from these scams in the useful links below:
If you want any more advice on the subject, you can get it from the anti-fraud agencies listed below:
Here at Ultimate Finance, we continue to fight financial crime so our clients can rest assured they are with a funding partner who’s got their back.