Small Business Success Forum - Entries for January 26, 2010

Rob's Small Business Success Blog

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Record Fraud in 2009 Closes Out the 'Naughty Noughties'

Posted 01-26-2010 at 06:38 AM by Rob

The 2000s were a decade of fraud, according to KPMG Forensic's Fraud Barometer, reaching a peak in 2009 when a record £1.3bn of cases came to court.

This is the highest figure since KPMG began compiling data back in 1987. Taken together, the 2000s saw a major uplift in serious fraud cases compared to the 1990s - some 1750 cases of serious fraud (where the charges are at a value of £100,000 or more) came to court, compared to only 700 cases in the 1990s.

Over £7bn...

Rob

Senior Member

Posted in Small Business News and Surveys

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