Anne Austin
Director
We’ve listened to your concerns and are delighted to announce that Enderley has teamed up with Paul Stratton, the Fraud Nerd, to bring you a programme of engaging and interactive courses designed to raise awareness of the risks associated with fraud, corruption, and broader financial crime.
Based on our shared belief that education is the best defence when it comes to tackling modern-day financial crime risks, sessions will focus on practical applications that can be immediately implemented in your firm.
Our essential learning courses will give your team a practical understanding of fraud and cybercrime risks that directly target law firms. They will promote a supportive culture that encourages ethical behaviour, unbiased decision-making, and calling out corruption. Our mission is to raise awareness of the risks associated with fraud, corruption, and broader financial crime, to protect managers, employees and clients, and to safeguard your organisation’s reputation.
The course details are below. Each session will last for 2-3 hours and delivered remotely using Microsoft Teams or Zoom.
You can join one of these sessions, or we can deliver a session direct to your team, either remotely or at your offices.
Cybercrime and social engineering
89% of all reported fraud is online. Mandate Fraud, where criminals attempt to have payments diverted to their account by pretending to be legitimate creditors, is on the rise and a constant threat to law firms, but conveyancing firms in particular.
Tackling fraud and corruption
Fraud accounts for 41% of reported crime in England & Wales, yet law enforcement allocates only about 1% of resources to investigate it. The best protection is a knowledgeable workforce that is capable of recognising and reducing the risks.
Conducting a fraud risk assessment
A Fraud (and wider Financial Crime) Risk Assessment is an essential part of a law firm’s risk management framework. It is only by identifying the risks specific to your firm that you can develop strategies to manage and reduce them.
Inspired and want to go further?
As part of our joint initiative, Enderley and The Fraud Nerd will help you identify and manage the fraud and corruption risks facing your law firm and to develop counter-fraud policies and strategies, including:
- A firmwide fraud risk assessment – by identifying the risks we can build a framework of policies, strategies and training to raise awareness and strengthen your firm’s defences
- A property fraud risk assessment for conveyancing teams – essential for CQS
- Anti-Property Fraud Policy
- Anti-Bribery Policy
- Anti-Tax Evasion Policy
And let’s not forget AML, which of course is closely linked to other forms of fraud! We can support you with:
- Reviewing and amending your firmwide risk assessment and AML policies controls and procedures
- Carrying out a Reg. 21 independent AML audit of your firm
- Bespoke training on your firm’s AML risk profile and procedures, including red flags and how to complete the client and matter risk assessment
More about The Fraud Nerd
Paul Stratton is a former Police Detective spending 22 years in various roles, including covert policing and intelligence, counterterrorism and counter-extremism, undercover policing, and criminal investigations into serious and complex crimes. As part of the police’s Economic Crime Team, Paul led investigations into the most harmful, complex, and sensitive crimes, such as high-value fraud and cyber-crime, abuses of position within the legal sector and allegations of corruption in local government. In 2020, Paul moved into Local Government as a Fraud Specialist with Liverpool City Council. He led at a senior level and drove change within the organisation to focus on fighting financial crime, specifically internal risks. As The Fraud Nerd, Paul provides training to public and private sector organisations, specialising in internal risks, corruption, governance, and cybercrime.
Anne Austin
Director
Enderley Consulting Limited