Professional fraudsters are targeting the FE sector, the Skills Funding Agency has warned.

In the Agency’s latest Update, a statement reads: “Recently, we have been made aware that the further education sector may be subject to approaches by professional fraudsters, who are writing to providers requesting a change of bank account details for outstanding payments for the supply of goods and services.

“The requests have all the hallmarks of being genuine and suggest a targeted operation.”

They remind staff to remain vigilant, particularly at the end of the financial year in April.