Number of UK fraud perpetrators by fraud type, full-year 2008

Total reported fraud in the UK stood at £1.19 billion for 2008, up 14% on 2007's figure of £1.04 billion, according to BDO Stoy Hayward's annual FraudTrack report. Fraud in the financial and insurance sector increased by 83% to £788 million and accounted for 66% of all fraud in the UK.

Simon Bevan, the report's author and national head of BDO Stoy Hayward's fraud services team, says: "Our own experience is that FraudTrack only shows the tip of the fraud iceberg. I am certain that, once a

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