The latest results from the KPMG Fraud Barometer have just been published and cover January to December 2020. The Barometer measures alleged fraud cases with losses of £100,000 or more reaching the UK courts and is the longest-running study of its kind, collating stats for over 30 years. The bi-annual Fraud Barometer identifies the latest fraud trends and patterns affecting the UK economy which helps us remain alert to new threats and respond to fraud risks in an appropriate and proactive manner. The drop in both the value and volume of fraud cases, is not reflective of a downturn in economic crime, but rather fallout following the COVID-19 lockdown restrictions on the courts. It is important for individuals and organisations to remain vigilant in their fight against fraud.
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