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2022 sees huge jump in the value of money laundering and investment fraud

News Team, 20/02/2023

The total value of alleged fraud cases £100,000 or above heard in UK courts increased by 151 percent from £444.7 million in 2021 to £1.12 billion in 2022, according to data released in KPMG UK’s latest Fraud Barometer.

The figure for 2022 is similar to pre-pandemic values which saw a total value of £1.1 billion for alleged fraud cases heard in 2019.

The research found that despite the increase in total value of reported fr...


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