Fraud affects 1 in 4 small businesses every year

Last year fraud losses to SMEs were estimated at £18.9 billion according to the Action Fraud team, City of London Police, the national policing lead for fraud.

At Energy Scanner we spend a fair bit of time talking to other businesses in the community so we can better serve them. We’ve noticed a familiar theme. They’re tired of people preying on them; pressuring them into things they don’t need or want. And they don’t know where to turn for advice.

One insidious example we keep seeing are official looking letters demanding payment for official looking services, for Company Registrations or Trade Mark protection. With a lawyer and accountant on our team we’ve been able to spot these before parting with any cash.

scam-letter

Fraud affects 1 in 4 small businesses