UK survey tracks doubling in total fraud for higher value cases

The total value of fraud in the UK, for cases reported in the media where the sum was at least UK£50,000 (US$63,000), more than doubled last year to UK£2.3 billion (US$2.9 billion), according to accountancy and business advisory firm BDO's latest 'FraudTrack' analysis.

By Sarah Gibbons

The total value of fraud in the UK, for cases reported in the media where the sum was at least UK£50,000 (US$63,000), more than doubled last year [2023] to UK£2.3 billion (US$2.9 billion), according to accountancy and business advisory firm BDO's latest 'FraudTrack' analysis. [1]