KPMG RECOMMENDS PUBLIC SECTOR FRAUD FOCUS AS BRITISH CASE NUMBERS RISE
September 3rd, 2024
A proactive approach to tackling public sector fraud in the UK could yield benefits in detecting and fighting all such financial crime, accounting network KPMG has argued in a new report (1).
Overall, the number of fraud cases have been rising in the country, said KPMG, whose mid-year Fraud Barometer - which records alleged fraud cases with a value of GBP100,000 (USD131,000) and above heard in UK Crown Courts – show 122 cases were heard in the first six months of the year, up from 105 during the same period in 2023.
Fraud values, however, have declined, with ...
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