Fraud cases reach record value

Fraud cases reach record value

Fraud Barometer says fraud cases in 2008 highest since 1995

More fraud cases reached court last year than since 1995, according to KPMG.

The firm’s Fraud Barometer has revealed cases involving more than £1bn in
fraud were heard in UK courts during 2008, the highest figure for 14 years.

The BBC reports KPMG’s Hitesh Patel, speculating that fraud could worsen in
the near future.

‘These figures are bad enough in themselves, but I fear the trend for the
next couple of years will be even worse,’ he said.

The value of mortgage fraud cases is reported to have increase by ten times
over the past year,

Read the BBC story
here

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

2y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

2y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

2y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

2y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource