Fraud increases by 330% across Midlands
The value of alleged fraud reaching the Midlands courts increased by 330% in 2016 compared to 2015, according to a new study.
Latest research by KPMG Forensic said that with case value in 2015 amounting to £51m, there has been a significant increase to £222m - despite the fact the volume of fraud cases dropped from 37 in 2015, to 26 in 2016.
Although the decline in volume is in line with the national trend, the Midlands ranks second highest for fraud case value, accounting for 20% of the UK’s total in 2016.
KPMG said the signif... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
