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...