Auditors assist fraud

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The Scotsman has reported that Paddy Tomkins, Scotland's Chief Inspector of Constabulary, has identified a raft of improvements needed in the way police deal with fraud, which is thought to be costing the UK about £13.9 billion a year - or £330 for every person in the country. His report said:

The range of types and scale of fraud is almost limitless - from a child using a parent's debit card to top up a mobile phone, to international companies using auditors to conceal inherently criminal activity over years.

I know the first happens.

I'm sure the Chief Inspector has no doubt the second happens.

What he's saying is that accountants are suppliers of corruption services.

Unfortunately, he's right.


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