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Aidan Larkin is Appointed to the Board of the Northern Ireland Fraud Forum

Asset Reality is proud to announce that our co-founder & CEO, Aidan Larkin, has been appointed to the Northern Ireland Fraud Forum (NIFF) board of directors. This important new initiative aims to help combat fraud, scams and other white-collar crimes in Northern Ireland by spreading much-needed awareness. The forum brings together industry-leading experts from the private, public, community and voluntary sectors, including asset recovery practitioners, professional advisors and law enforcement. By encouraging collaboration between members, the NIFF hopes they will be able to determine the best methods to mitigate the risks of fraudulent activity and increase their collective knowledge of effective response techniques. Bill McCluggage, the managing director of Laganview Associates and former chief information officer for the Irish Government, will be chairing the new initiative. The forum was launched on 5th April with a hybrid virtual and in-person event hosted at The MAC in Belfast’s Cathedral Quarter. Speaking at this event, Bill highlighted just how necessary this new initiative is: “The NI Fraud Forum is a timely and important initiative for businesses and organisations across the country. Coming out of the pandemic, firms are operating in an increasingly volatile and unpredictable trading environment with unprecedented costs and record levels of inflation. Threats like fraud, scams, and white-collar crime present serious challenges for business owners and can have a significant knock-on and even life-changing effect for workers and households." “Trade body UK Finance estimates that around £7bn is lost to economic crime in the UK every year, a staggering and worrying figure. Locally, this is compounded by the fact that Action Fraud figures show that people are over twice as likely to report being a victim of any type of fraud in the East of England than those living and working in NI." “There is much more to do to make businesses aware of the dangers of fraud in NI, and this new forum hopes to mirror other organisations from across the UK which do excellent work in minimising the threat posed by fraud.” Aidan added that he was: “Absolutely delighted to join the board of Directors for this important new initiative in Northern Ireland to combat fraud. The more companies in this sector that can collaborate and innovate together, the better the results will be for victims and creditors. Huge thanks to Robert Brooker for his instrumental role in setting this up.”

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