Through the roof (TT Apr09 p34-35)

The Treasurer April 2009

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Recession typically triggers an upsurge in corporate fraud. Since the late 1980s, accountancy firm KPMG has published an annual Fraud Barometer, which records the number of fraud cases before the UK courts where the amount involved exceeds £100,000. In 2008, it recorded more than £1.1bn of fraud, the second-highest total since its inception.

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