Discover and read the best of Twitter Threads about #Bounceback
Most recents (2)
Thank you @ruskin147. I couldn't agree more. As a member of a firm which regularly acts for victims of #fraud including the #NHS and the #charity and public sectors the failure to recognise the impact of fraud on both individuals and organisations is utter disdain. A thread 1/15
These are not just statistics, they are crimes affecting real people, their lives and livelihoods. It's not difficult to tell the truth, and say how you are addressing the issue and helping prevent fraud and not make light of the 5.1 million fraud offences in y/e September 2021
which were reported by the ONS in January. This is an increase of 36% compared with y/e September 2019, with fraudsters taking advantage of changes in behaviour during Covid-19 - with more remote working and online interaction. There were also 1.9 million computer misuse offences
@carryonkeith @GarethDaviesNAO on @IanKingSky on #BounceBack loan #Fraud!!
='£17bn uncollectable, 5bn fraud'...BUT DAMNING APPRAISAL GETS WORSE!! LONG THREAD!!
Eg. Govt removed credit checks so no idea of credit worthiness!
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='£17bn uncollectable, 5bn fraud'...BUT DAMNING APPRAISAL GETS WORSE!! LONG THREAD!!
Eg. Govt removed credit checks so no idea of credit worthiness!
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@carryonkeith @GarethDaviesNAO @IanKingSky MORE EXAMPLES:
1.'DUPLICATE PAYMENT CONTROL': Spotting ppl who were making #BounceBack loan applications to multiple banks, that wasn't brought in for a month which might not sound v much but in this scheme £28 BILLION was lent in the 1st month & by far the busiest month!...
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1.'DUPLICATE PAYMENT CONTROL': Spotting ppl who were making #BounceBack loan applications to multiple banks, that wasn't brought in for a month which might not sound v much but in this scheme £28 BILLION was lent in the 1st month & by far the busiest month!...
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@carryonkeith @GarethDaviesNAO @IanKingSky So before any duplicate checks in place, £28 bn had gone out the door!😱😬
2.'COUNTER FRAUD CHECKS': 'Spotting where a dormant company had a new director added to it in Company's House, signalling in many cases...somebody is using that dormant company to commit a FRAUD...
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2.'COUNTER FRAUD CHECKS': 'Spotting where a dormant company had a new director added to it in Company's House, signalling in many cases...somebody is using that dormant company to commit a FRAUD...
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