logo

Tag

small and medium-sized enterprises

Fraud: the £52 billion headache for business

It’s over a year since the home secretary, Theresa May, closed down the National Fraud Agency and transferred its duties in various directions, including to the National Crime Agency and the City of London police. One of the NFA’s last acts was to publish its annual fraud indicator showing that in 2014 fraud was costing the economy £52 billion a year, of which £21.2bn was to the private sector. Given that the agencie
Read More