IPO issues warning about misleading invoices
The Intellectual Property Office (IPO) has issued a warning for businesses to beware of unsolicited payment requests. Recently, there has been an increase in these fraudulent requests being reported. These unsolicited requests often demand payment for trademarks, designs, or patent services. After payment is made, the supposed services may not be provided or may have no real benefit to the payer.
Invoices may also request payment for services at a much-inflated price, which are available directly from the IPO at a significantly lower cost or even free of charge.
The IPO warns that these payment requests typically come from unfamiliar organizations and may be accompanied by a copy of a fraudulently signed agreement, designed to get accounts departments to automatically approve payment.
The IPO has released examples of misleading invoices and published a list of names currently known to be used by these fraudulent organizations.
If you receive such an invoice, do not pay it and report it to the IPO immediately. If you believe you have been a victim of fraud, you should also report it to the police. For guidance and to ensure your business is protected from such scams, GET IN TOUCH WITH OUR WIMBLEDON ACCOUNTANTS.
For more information and links to example invoices, see: IPO Issues Fresh Warning to Beware of Misleading Invoices
If you need further assistance or have any concerns about protecting your business from fraudulent activities, please do not hesitate to GET IN TOUCH WITH OUR WIMBLEDON ACCOUNTANTS.