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LATEST NEWS & EVENTS Battle against fraud 'hampered by confusion'  Fraud prevention is being adversely effected by internal and external pieces of corporate law, says Ros Wright, a former director of the Serious Fraud Office. This has resulted in some organisations seeking to deal with problems themselves rather than taking advantage of corporate legal services. Mr Wright has advised on a more consistent method of battling corporate fraud, telling the Financial Times: "Companies often deal with internal fraud themselves and try to recover losses through the civil route rather than calling the police." Presently, it is possible for companies to report incidents of fraud through their trade bodies to the National Fraud Intelligence Bureau (NFIB). The bureau has been offering its services since October 2008 and has recently started providing fraud guidance to police, financial industry audiences and law enforcement officers. NFIB detective inspector Andrew Fyfe said: "Our aim is to help improve the standard of fraud investigation throughout the whole counter fraud community." He added that the bureau's training focuses on combating incidents such as organised crime, money laundering and share purchase fraud. Posted by Gaby Hamerton 
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