This report outlines findings from a Charity Commission study into how insider fraud is affecting charities. Insider fraud is fraud committed by somebody within the charity such as a trustee, employee or volunteer. Examples of insider fraud include financial and accounting fraud, unauthorised payments to individuals, inflated expenses and the theft of information.
The report notes that the vast majority of insider frauds (nearly 70% of the sample) were enabled because of either excessive trust/responsibility placed on one individual, or lack of challenge and oversight.