Crime
Reported fraud doubles in 2023, BDO finds
While the number of high value cases (over £50m) in BDO’s FraudTrack report increased by 60% in 2023, the total number of reported cases also rose by 18% to a three-year high
The value of reported UK fraud hit £2.3bn in 2023, more than double the £1.1bn recorded in 2022, according to BDO. This was the second largest annual fraud value recorded by the firm in 20 years.
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