Corporate Fraud

Our corporate fraud investigations team covers various areas of fraud and theft against the public purse.

PROCUREMENT FRAUD
The NFA estimated the cost of procurement fraud to local government alone to be £855 million in 2011.
This is any fraud relating to the purchasing of goods and services and covers the entire procure-to-pay lifecycle, including fraud in a tender, bidder selection or contract award stage. This could require the investigation of anything from illicit cartel activity to bribery.

BBFI also investigate activity during the lifecycle of the contract such as false, duplicate and double invoicing. This type of fraud might or might not involve an insider/employee. If it does we will advise the Authority and if we need to give further evidence, for example at disciplinary hearings or criminal prosecution, we will.


PAYROLL FRAUD
Payroll fraud is where unauthorised changes are made to payroll systems, such as by the creation of false or unauthorised payroll records or changes to payroll salary payments or allowances.

The public sector has been particularly susceptible to payroll fraud due to its size. Although it represents a small proportion of payroll costs (perhaps 6.1%), the absolute figure lost to fraud is substantial. In January 2011 the National Fraud Authority published its second comprehensive estimate of fraud loss, and estimated that at least £329 million is lost annually to payroll and recruitment fraud in the public sector alone.


RECRUITMENT FRAUD
These types of fraud were estimated by the NFA to cost the local government sector £152 million.

Recruitment fraud occurs where false information is given in order to obtain employment. This could be a false identity such as false documents showing an entitlement to work in the UK, or false employment history or qualifications.


  • “Paul has a detailed knowledge of Council procedures and is down to earth and culturally aware… I would have no hesitation in recommending Paul to carry out this type of operation in the future.”

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  • “BBFI have the infrastructure, specialist staff and knowledge to start a fraud team and effectively run it.”

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  • “In the first six months BBFI investigated 100 cases and closed 53. The housing officers in partnership with BBFI have recovered the keys to or issued Notices to Quit (NTQs) in eleven cases and 47 are open and under investigation. Some of the open investigation cases are under long-term surveillance. This equates to a property recovered or NTQ issued every seven days worked.”

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  • “Total costs spent on the BBFI services to date total £25k. Taking into account the 3 cases where RTB applications were withdrawn and assets retained in our stock as well as three cases where vacant possession was gained without costs of legal action we estimate the savings to the housing association to be upwards of £300k”

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  • “I am proud of what we have achieved so far with the continued help of BBFI.”

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  • “Through the partnership our staff are being upskilled to enable them to carry out more complex investigations.”

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  • “We did not have the resources or the experience to tackle such a far reaching problem and had no idea where to start. We decided to hire professionals, BBFI on a trial basis which became more permanent.”

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  • “As a result of 31 investigations the right to buy team working with BBFI have uncovered fraudulent application and housing benefit fraud. Five applications have been withdrawn, each of which had a potential discount of over £100k. Of the 31 applications investigated nine have completed the intended home ownership and have purchased their homes and 17 are still under investigation.”

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