The total value of reported alleged fraud cases £100k or above heard in UK courts increased by 151% from £444.7m in 2021 to £1.12bn in 2022, according to data released in KPMG UK’s latest Fraud Barometer. The figure for 2022 is similar to pre-pandemic values which saw a total value of £1.1bn for alleged fraud cases heard in 2019. Figures from KPMG UK’s Fraud Barometer, found despite the increase in total value of reported fraud cases heard in 2022, the volume of cases fell by 27%. A total of 219 alleged fraud cases reached the courts in 2022, compared to 298 in 2021.

https://assets.kpmg.com/content/dam/kpmg/uk/pdf/2023/02/fraud-barometer-2023.pdf