Value of big UK fraud cases in court up 151% in a year - KPMG study

The combined value of major fraud cases over UK£100,000 (US$120,428) tried in United Kingdom Crown Courts rose 151% in a year, from UK£444.7 million (US$535.49 million) in 2021 to UK£1.12 billion (US$1.35 billion) in 2022, returning to pre-pandemic levels, according to the KPMG Fraud Barometer.

By Sara Lewis

The combined value of major fraud cases over UK£100,000 (US$120,428) tried in United Kingdom Crown Courts rose 151% in a year, from UK£444.7 million (US$535.49 million) in 2021 to UK£1.12 billion (US$1.35 billion) in 2022, returning to pre-pandemic levels, according to the KPMG Fraud Barometer. [1]