VIEWS: 5 PAGES: 1 CATEGORY: Business & Economics POSTED ON: 5/28/2010
Previous figures from CIFAS highlighted the sudden rise in facility takeover fraud, and this trend has continued. From January to June 2008, facility takeover increased by 157%. Attempts to commit fraud by including material lies on application forms showed an increase during the first half of 2008 to 2007 of over 12%. Within these figures, however, it is clear that the ratio of application fraud cases that are granted, to those that are not granted, is shifting. The number of cases granted has risen by approximately 47%.
Pages to are hidden for
"Fraud update from CIFAS"Please download to view full document