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Data obtained by RSM under the freedom of information act from ActionFraud, the UK's national fraud and cyber-crime reporting centre, show that companies across the region submitted almost 456 reports to the police about fraud during the12 months
Fraudsters are shamelessly opportunistic and are now turning their attention to the pensions release, lured by the promise of high value returns when their scams are successful
The private sector was the worst affected by fraud, with the economy taking a £140bn hit, according to research by The Annual Fraud Indicator (AFI) 2017.
This includes a cost to the economy of £140bn resulting from fraud in the private sector, according to a study by Crowe Clark Whitehill, Experian and the Centre for Counter Fraud Studies.
Crimes recorded by the police are rocketing - yet the Crime Survey of England and Wales shows crime going down. Which is correct?
New Experimental Statistics on fraud and computer misuse offences reveal an estimated 10.8 million incidents of crime in the latest survey year
The crime survey estimated that there were 10.8m incidents, including 5m of fraud, online crime and computer misuse.
All available data seems to suggest that corporate fraud is unlikely to diminish any time soon, if at all.
According to the latest crime figures for the year to June from the National Fraud Intelligence Bureau, there was a four per cent increase in fraud offences to over 653,000.
The idea was put forward at a meeting of the Joint Fraud Taskforce in September
Midlands Fraud Forum Ltd. Reg.No: 06436330 Copyright © March 2014