Fraud Measurement: FraudTrack 2024

23 Feb 2024 11:57 AM | Anonymous member (Administrator)

UK fraud leapt alarmingly in 2023. Whilst the volume reported at £2.3bn, was the second-largest annual fraud total in the last decade and represented a 104% increase on 2022, more than half of it derived from just two long-running cases.

The number of reported cases was also up by 18% this year to a three-year high, however it remains significantly below pre-pandemic levels.

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