Employee Fraud Rises In 2021

Saturday, 26th February 2022 at 11:58am

The Mortgage Finance Gazette website reports that cases of fraud by employees rose due to Covid-19 last year, according to KPMG’s latest UK Fraud Barometer.

The number of fraud acts committed by employees rose from 44 in 2020 to 66 in 2021, with the majority of cases shown as being cyber-enabled.

The trend is potentially linked to weaknesses in internal controls driven by the impact of Covid-19, as businesses were grappling with new ways of remote working.

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