New B2B Fraud Prevention Network launched to tackle ever-changing corporate fraud tactics

Graydon, leading provider of business data, insights, analytics and solutions identified £500,000 worth of suspected frauds across the UK, every week in 2018, which equates to a £7,000 loss for every incorporated business in the country. 

The company, together with Forums International and DLA Piper, announced the launch of a series of quarterly forums targeted at fraud specialists and anyone involved in the prevention of corporate fraud. The Fraud Prevention Network (FPN) brings together the business data and insights from Graydon, the global knowledge-sharing and networking platform of Forums International and multinational legal capabilities of DLA Piper. The first FPN will take place on Thursday 16th May 2019 in London.

Devised to keep up with ever-changing fraud trends and techniques, the quarterly forums are aimed to help businesses to form a community to combat all types of corporate fraud. The members of the FPN will be able to exchange experiences, knowledge and best practice to prevent and reduce losses caused by criminal activity.

The association of the three partners combines legal advice, technical anti-fraud solutions and practical tools in a network of like-minded professionals and relevant industry experts. Attendees can expect open discussions, presentations from fraud prevention experts, and specialised workshops – supported by a network of dedicated fraud analysts and investigators – alongside access to secure members’ communication channels.

Simon Blackwell, Graydon UK’s Managing Director:

“I’m delighted to announce the launch of the Fraud Prevention Network, which complements our range of software, data and analytical solutions focussed on helping our customers reduce the ever-growing risk of financial crime and specifically commercial fraud.

I’m looking forward to seeing attendees from a broad range of industries benefit from sharing their practical thoughts, ideas and best practise with one another and keep updated on latest developments from subject matter experts. It’s exciting that Graydon are at the centre of facilitating a forum on such a critical topic”

Forums International Ltd, Laurie Beagle FCICM, Managing Director:

“Fraud is “The fastest growing industry” which in real terms means that all businesses will need to be very aware if they are to keep their businesses safe. The new FPN will provide support, a community of experts and be “The “Go-To Place” when members need help” Forums International Ltd are very pleased to partner with Graydon UK and DLA Piper in this new forum.”

DLA Piper, Laura Ford, Legal Director:

The political shift towards compliance and the criminalisation of the failure to maintain adequate compliance programmes means that fraud prevention is a key focus for many of our clients. For that reason, we are delighted to be working with Forums International and Graydon UK to bring the Fraud Prevention Network to the market. We hope that our own networks will benefit from the insight, learning and tools the FPN will offer to strengthen their compliance and fraud prevention programmes.

About Graydon UK

With more than 130 years of experience, Graydon is a leading provider of business information, analytics and insights. Graydon helps its customers to make fast, accurate decisions, enabling them to minimise risk and identify fraud as well as optimise opportunities with their commercial relationships. To do so, Graydon uses more than 130 international databases and the information of more than 90 million companies. Graydon has offices in London, Cardiff, Amsterdam and Antwerp. Since 2016 Graydon has been part of Atradius, one of the world’s largest credit insurance companies.

About Forums International

Forums International Ltd – Forums design and delivered for Credit Professionals Worldwide.  Forums International Ltd was created to provide regular credit professional Forums to our membership. We now operate ten Forums worldwide and these forums provide opportunities for credit and finance professionals at all levels to meet and discuss key trading issues in their industry sectors.  Our Forums also enable members to share experiences and problems and, most importantly, talk about innovation and how they have secured success.Our Forums help members share and develop best and new practices, understand trends in credit management and prepare the members for current and future business challenges.

Please visit our website to see the full range of Forums –

About DLA Piper UK LLP

DLA Piper is a global law firm located in more than 40 countries throughout Africa, the Americas, Asia Pacific, Europe and the Middle East, positioning it to help companies with their legal needs anywhere in the world. Our Corporate Crime and Investigations team is truly global with local and international teams comprised of experienced criminal defence lawyers, litigators, skilled investigators and former regulators.

We help clients in managing corporate crime, regulation and compliance risk in all forms. This includes advice regarding investigations including those involving tax and accounting irregularities, corruption, bribery, fraud, cartels and price fixing as well as independent internal company investigations and referrals from audit committees.

DLA Piper’s Civil Fraud team has developed a first-rate reputation for pursuing domestic and cross-border civil fraud disputes for its clients across sectors, but particularly in the Financial Services, Energy and Mining sectors. We have extensive experience of arresting and making recoveries of misappropriated assets in all jurisdictions in which we operate, and we have acted on asset tracing and recovery actions globally across all of the major on-shore financial centres.

Source: Graydon Group PR & Communications