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Failure to Prevent Fraud Offence

In 2022, fraud cost the UK £1.2 billion — that’s around £2,300 lost every minute. It topped the list of offences in the country, representing 41% of all crimes and recording 3.7 million incidents last year. Alarmingly, these numbers are just the tip of the iceberg. An estimated 86% of fraud cases are never reported, …

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