Wednesday, February 06, 2008

Fraud hits 12 year high in 2007 / KPMG, 4 February 2008
http://www.kpmg.co.uk/news/detail.cfm?pr=3028
"- Over £1bn of fraud comes to court – highest since 1995
- Organised gangs inflict huge losses on Government
- ID theft and accounting frauds are widespread
Britain’s fraud problem shows no sign of abating, with over £1bn of fraud coming to court in 2007 according to KPMG Forensic’s Fraud Barometer - the highest value since 1995 and the second highest in the 20 year history of the Barometer. The number of cases coming to court fell to 197 from 277 in 2006, but this remains a higher number than seen in any year prior to 2005."
[Fraud Barometer] Table
DOC - http://www.kpmg.co.uk/news/docs//Fraud%20by%20perpetrator%20in%202007.doc