The value of fraud detected in Australia more than doubled in the second half of last year, possibly as a result of the global financial crisis, new research shows.
The latest Fraud Barometer released by business services firm KPMG shows there were 81 large fraud cases before Australian courts in the six months to December 31, worth $217.9 million in total.
That compared to 69 cases in the first six months of 2009, worth a total of $100.1 million.
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