Financial services £11bn victim of crime
Financial services is hardest hit be economic crime — costing the sector up to £11bn a year — according to a survey by accountants RSM Robson Rhodes, endorsed by the Home Office and supported by amongst others, the Confederation of British Industry.
According to the survey, banks, building societies, insurers and brokers lost £11bn in 2003 toacts of fraud, embezzlement and money laundering, making financial services the most vulnerable sector ofOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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