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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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Beware Yuletide fraudsters!

15 Nov 2007

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Some Accountancy Age Awards revellers from last night's bash may still be nursing a hangover, or wanting to fall asleep at their desks, but beware- fraudsters around the country know exactly how you're feeling at this time of year. In fact, in the run up to Christmas, with all the parties, lunches etc, going on, corporate fraud rises. Fraudsters are like most criminals. They are opportunists waiting for potential victims in finance/ credit departments to drop their guard. At Graydon, we have already had reports from credit departments that potential fraudsters are coming in with their christmas wishes :- that credit managers don't spot their credit applications quoting mobile numbers instead of land line numbers, or non business e-mail addresses like fraudsters @yahoo.co.uk, or last minute requests by phone to arrange a pick up of the goods rather than have them delivered to an already validated address.

At this time of year, in between the beers and glasses of bubbly, plenty of water and coffee is also recommended to remain vigilant- especially during those last, dark hours of the afternoon at the office.   

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Visitor comments

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