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.
https://www.bdo.co.uk/en-gb/insights/advisory/forensic-services/fraudtrack#form