The analysis of fraud trends during 2013 by CIFAS - the UK's Fraud Prevention Service reveals a surprising mix of apparently good and equally alarming news about fraud. ID fraudOn the plus side, fraud went down in 2013 by 11 per cent from the levels recorded in 2012 – the first year-on-year drop since 2010 – but fraud remains at a much higher rate than in pre-recessionary times. Explaining the decrease CIFAS says that the 11 per cent decrease in fraud levels is proof of the positive preventative impact of counter fraud measures such as data sharing. Richard Hurley, CIFAS communications manager, noted: “The decrease in fraud comes on the back of The Audit Commission’s Protecting the Public Purse 2013 which also reported a reduction in the number of frauds, and is good news for those who participate in the collective effort to prevent fraud. “On the other hand, the fraud has not necessarily ceased to exist. Much comment has been made over the past year by senior police a...
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