Amount of fraud in UK more than doubled to £2.3bn in 2023, report finds

Accounting firm BDO also warns of future impact of fraudsters using artificial intelligence to rip off customers The amount of fraud committed in the UK more than doubled to £2.3bn in 2023, marking the second-biggest year for scams in the last two decades, according to a report that also warns of the future impact of fraudsters using artificial intelligence to rip off consumers. The accounting firm BDO's latest FraudTrack report found that the number of reported cases rose by 18% to a three-yea...