UK fraud hits record £1.1bn as cybercrime soars

Law enforcement agencies will come under increasing strain as they investigate complex ‘super cases’, warns KPMGThe value of fraud committed in the UK last year topped £1bn for the first time since 2011, prompting a warning about increasing cyber crime and the risk of more large-scale scams as the economy comes under pressure.The 55% year-on-year rise in the value of fraud to £1.1bn reported in the court system was recorded by accountants KPMG, which found that while the