Partner Simon Bushell comments in City A.M. in relation to business fraud reaching a 15-year high in the UK.
Simon’s comments were published in City A.M., 14 January2018. Read the full article here.
“Fraud in the UK hit its highest level in 15 years in 2017, according to a new analysis, with financial services frauds quadrupling year-on-year.
The total value of large reported frauds reached £2.11bn during the last year, according to accountants BDO.
Simon Bushell, a partner at City law firm Signature Litigation, said commercial disputes are increasingly centred around allegations of fraud.
He said: “The results of the survey can be explained in two ways: firstly, there is a greater understanding of what amounts to fraudulent conduct; secondly, we live in a world of greater transparency, and that inevitably means a greater likelihood of scrutiny, fraud detection and response.””