Auditors assist fraud
May 13th, 2008
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.
