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Risky Business

A blog by Martin Williams, external affairs spokesman of Graydon UK, focusing on business risks - from fraud to late payment. Martin has has spent the last 35 years in the credit information industry, and has been with Graydon UK, one of the top five commercial credit agencies in the UK, for the last 20. Apart from his PR duties, he teaches credit analysis to risk professionals and helps educate SMEs on the importance of maintaining a good credit rating. Martin is a Fellow of the Institute of Credit Management and is a sitting member of the Institute's Think Tank. He was also honoured by Credit Today, after being included on their Credit 100 list of people who have had the greatest impact in the credit industry during 2008, 2009 and 2010.

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Nice little earners and Scams Alive and well in the East End!

31 Jul 2009

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Its sometimes comforting to know that some things in our fast changing world never seem to change.....
Research from CIFAS, the UK's Fraud Prevention Service recently revealed that when looking at UK addresses actively involved in perpetrating recorded frauds, 8 of the top 10 Uk postal districts were either in the East End or South East London. Perhaps Delboy Trotter would be smiling wryly that Peckham made the list of top fraud hotspots.
Nice, but dodgy little earners seem to be commonplace too in East Ham, Plaistow, Forest Gate and Bromley By Bow.
Interestingly though, the so called "honour amongst thieves" culture of criminals not stealing from "their own" looks like it continues to flourish; when it comes to facility takeover frauds (where the criminal hijacks and plunders the victim's bank account) ,the top postal districts for victims include Maidenhead, Aldershot, Beckenham, Hove and Leicester.
The research doesn't show the nation's capital in the best light of course, but I'm sure a small minority of London's population is proud to keep alive the long standing traditions of the Kray twins' East End. For the rest of us, we must keep our guards up as fraud activity continues to escalate.

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