The number of fraud cases reaching courts in the UK rose by 78% in 2018 according to research conducted by KPMG Forensic. KPMG’s Fraud Barometer, which records cases of alleged fraud with a value of more than £100,000, found that 453 cases with a total value…
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KPMG Fraud Barometer
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KPMG Forensic: “Value of UK fraud breaks £1 billion barrier for first time in five years”
by Brian SimsIn 2016, the value of alleged fraud reaching UK courts broke the £1 billion barrier for the first time since 2011 due to a resurgence in so-called ‘super cases’. That’s according to the latest research conducted by KPMG Forensic. KPMG’s Fraud Barometer, which measures fraud…
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KPMG’s latest Fraud Barometer has found that the value of fraud rose by 22% in the first half of this year to reach a total of £385 million (the equivalent statistic for 2014 being £317 million*). With 160 cases, fraud volumes remained virtually identical to…