Centre for Counter Fraud Studies

Fraud is costing businesses and individuals in the UK £130 billion each year. The Financial Cost of Fraud Report 2019, developed by national audit, tax, advisory and risk firm Crowe in conjunction with the Centre for Counter Fraud Studies at the University of Portsmouth, also…

Economic crime has a significant impact on the UK;s economy, with – according to the Office for National Statistics – an estimated 3.24 million fraud offences taking place in the year ending March 2018. Organised by the World Excellence Awards team who also run the…

Economic and industrial espionage are significant issues for many organisations, with episodes causing billions of pounds of economic damage to countries around the world. Figures on the costs vary significantly, but it’s clear the losses are staggering and, in the US alone, have ranged from $2…

The annual cost of fraud in the UK is £190 billion, which is equal to around £10,000 per family. That’s one of the main findings of the Annual Fraud Indicator 2017 published by Crowe Clark Whitehill and developed in conjunction with both Experian and the…

According to a new report, the annual cost of fraud in the UK could be as high as £193 billion per annum. This assertion dwarfs previous estimates produced by the UK Government which put the figure at around £50 billion back in 2013. The Annual…

Research results published by counter fraud specialists indicate that UK businesses typically lose around 5.6% of their total expenditures to fraud. The £103 billion figure is equivalent to 75% of those businesses’ total profits. PKF Littlejohn partnered with the Centre for Counter Fraud Studies at…