Fraud and Cybercrime: The Financial Cost of Fraud

FraudCast

03/06/2021

Our FraudCast series takes a look at the latest fraud and cybercrime news and trends from across the industry with Director Jim Gee.

Holding-coins

In this fifth episode, of our monthly FraudCast series, Jim Gee discusses the details of the latest crime statistics, in which the Office of National Statistics estimates that fraud and cybercrime is responsible for 51% of all UK crime.

With the results of Crowe's 'Financial cost of Fraud' report due to be published this month,  Jim looks at some of the results of the research, as well as discusses the latest threat of procurement fraud across the public sector, which currently deprives the public purse of an estimated  £12.3 billion per year.

Listen now to find out how to keep you and your organisation protected.

 

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Martin Chapman
Martin Chapman
Partner, National Head of Forensic Services