Increase in UK fraud set to continue


LONDON -- The total value of fraud in the UK increased by two and a half times to £255 million ($400 million) between the last six months of 2001 and the first half of this year, said a report released in July by fraud investigation company KPMG Forensic, part of professional services firm KPMG.

David Alexander, fraud investigation partner at the UK-based company, said: "This year, our figures have shown a huge rise in the total value of fraud. We anticipate that this will continue over the

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