Expenses Fraud: Addressing the Surge in Expense Fraud: Essential Measures for UK Businesses

29 Jun 2024 10:29 AM | Anonymous member (Administrator)

The ongoing economic challenges in the UK have significantly impacted families nationwide, forcing individuals and businesses to cope with rising bills and soaring interest rates. Amid this financial uncertainty, there has been a noticeable increase in expense fraud, which poses serious implications for businesses across the country.

A survey conducted by Emburse, involving over 1,000 workers and facilitated by YouGov, highlights the prevalence of expense fraud. The findings reveal that nearly a quarter (24%) of employees admit to making personal purchases and passing them off as business expenses due to their financial circumstances.

https://ifamagazine.com/addressing-the-surge-in-expense-fraud-essential-measures-for-uk-businesses/


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