Report: Fraud rising as compliance struggles for recognition

Ernst & Young Fraud Survey indicates continued need for anti-fraud measures, even against a tough financial background

The past two years have seen a spike in instances of fraud, according to a survey by Ernst & Young. This is particularly substantial in western Europe, where 21% of respondents suffered a significant fraud during that time period, compared with 10% in the previous global survey.

However, this could be a result of the way fraud has come under the spotlight in recent years. David Stulb, global leader of Ernst & Young's fraud investigation and dispute services practices says: "Regulators in western

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