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Serious Fraud Office reports hit highest level in four years
The number of fraud reports made to the Serious Fraud Office jumped to its highest level in four years during the pandemic.
Fraud reports increased to 998 in the twelve months up to the end of March, a 13 per cent increase from last year’s 882 reports, according to Confirmation, part of Thomas Reuters.
The firm attributed the jump to a tough trading environment and the economic strain of the pandemic. Moreover, the pressure to identify fraud increased since the Wirecard and Luckin Coffee scandals, according to the research.
Source: City A.M
Pandemic crackdown: Serious Fraud Office reports hit highest level in four years - CityAM : CityAM
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