Fraud in Higher Education
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The Serious Fraud Authority has been concerned at the low level of reported fraud across the HE sector. In England, HEFCE has been working with the British University’s Finance Directors’ Group (BUFDG) to raise awareness of fraud within the sector.
More generally, the financial pressures faced by individuals, the decline in staff loyalty arising from less secure employment conditions, and increased use of IT have increased the likelihood of fraud. While a number of fraud surveys report trends in fraudulent activity across sectors and national boundaries, no specific information is available for the HE sector.
This briefing paper explores approaches to raising awareness of the potential for fraud, and measures that may be taken to prevent or detect fraud in the Sector.