
KPMG’s latest research shows bank fraud court cases reached a record high in the first half of 2008
KPMG’s latest research shows fraud cases against the financial services sector totalling £350m came to court during the six months ended June – the highest figure recorded by the group's fraud barometer in its 20-year history.
The total dwarfed the previous record figure of £200m, which covered all of 1998. KPMG warned the figure was likely to get worse as the full impact of the credit crunch took its toll, according to The Press Association.
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