In the Media

Value of fraud cases soars to £750m

PUBLISHED March 29, 2005

The value of fraud cases doubled to more than £750m last year as criminals stole record amounts of cash from firms and individuals, according to research published yesterday.

Accountants BDO Stoy Hayward said the number of such offences would continue to rise as organised gangs committed more fraud, in part through the use of identity theft.