Internal fraud will rise in 2012, experts warn

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Internal fraud is likely to increase over the coming year, predict operational risk industry experts. A combination of factors – personal financial stress, operational change in organisations, and the threat of a double-dip recession – means financial institutions are at serious risk.

"It's highly likely that fraud, especially the internal threat, is going to continue to increase as economic pressures increase over the coming year," says Hitesh Patel, forensic partner at KPMG in London. "The

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