How to report a fraud

Managing Fraud Risk, whether internal or external, is a fundamental component of the safe and sound management of BDC. Fraud can be perpetrated in many ways and may involve client, consultant, influencer, professional, broker, partner, vendor, contractor, outside person doing business with BDC or in any other relationship with BDC, or even BDC employees.

External fraud

External fraud is defined as activities carried out against BDC and its clients, by any person not employed by BDC, through deceit, falsehood, or any criminal means resulting in personal or financial gain. External fraud may be prepetrated by individuals, criminal rings, or orgranized crime and terrorist groups

Please report any suspicious activity in writing to us immediately, for example:

• If you have received a suspicious email or phone call that appears to be associated with BDC.
• If you are a BDC client and you believe that you have been a victim of online fraud when using BDC services.
• If you are a BDC client and you think that your personal or financial information has been stolen or obtained by fraudulent parties while doing business with BDC.
• If you are a BDC client and you think you have been a victim of identity theft in relationship with BDC.

Internal fraud or wrongdoing

Internal fraud is defined as activities carried out against BDC, by any person employed by BDC, through deceit, falsehood, or unauthorized means resulting in personal or financial gain.

Internal fraud can also be classified as "Occupational Fraud" where an employee may leverage their position or knowledge of BDC’s proprietary information to deliberately favor a client or misuse/misapply the assets of BDC for their personal or financial gain.

If you have questions or want to report an internal fraud or wrongdoing, violations of regulations, conflicts of interest, falsification of company records, or any unethical behaviour, BDC works with ClearView Connects, a system that is both secure and confidential.