Tag: fraud

Preventive measures can reduce fraud by up to 40 per cent

A new report claims that fraud is costing the UK £85.3 billion every year but pre-emptive counter-fraud action is capable of achieving savings of up to £34 billion. The ‘Financial Cost of Fraud Report 2013’ from accountancy and business advisory firm BDO LLP is based on data collated over 15 years.

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