Company Hi-Jacking
Below is a MRR and PLR article in category Business -> subcategory Other.
Protecting Your Business from Company Hijacking
Overview
Businesses registered with Companies House in the UK face a rising threat known as "Company Hijacking," where fraudsters steal a company's identity.
Understanding the Threat
In a company hijacking, criminals submit forged documents to Companies House, changing a company’s registered address. This allows them to use the company’s identity to conduct fraudulent activities, including obtaining goods and services on credit. This type of fraud costs the industry an estimated £50 million annually.
Preventative Measures
With the rise of company hijacking, the Metropolitan Police Service and Companies House recommend several preventive actions:
1. Verify Registered Details: Regularly check that your company's details are accurate and have not been altered. Perform a free search at creditgate.com.
2. Online Monitoring Services: Subscribe to a free online monitoring service to receive email alerts for any changes to your company’s details at Companies House. Sign up at www.creditgate.com.
3. Credit Reference Agencies: Use a credit reference agency to verify the legitimacy and creditworthiness of new customers. Credit reports and Companies House documents are available instantly online at creditgate.com.
By taking these steps, companies can better protect themselves from the growing threat of identity theft and maintain their financial security.
You can find the original non-AI version of this article here: Company Hi-Jacking.
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