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UK losing £219bn to fraud each year, Crowe finds

Public sector fraud stands at an estimated £50.2bn for 2021, compared with £40.3bn for 2017, an increase of approximately 25%

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Fraud is costing organisations and individuals in the UK £219bn each year, according to new research published by Crowe in conjunction with specialist fraud lawyers Peters and Peters and the University of Portsmouth’s Centre for Cybercrime and Economic Crime.

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