Procurement fraud costs UK more than £5 million - Supply Management

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHa8D3r00bVf1q3A3Zt75 RQN8m1Qgamp;url=http://www.pcr-online.biz/news/read/austerity-leads-to-fraud-boom-time/027867img src=//nt0.ggpht.com/news/tbn/KIC5MsvtHwRF2M/0.jpg alt= border=1 width=80 height=80 /br /font size=-2PCR-online.biz/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGzlGwGvDvlyKkLs2iuIv bXO6GiXgamp;url=http://www.supplymanagement.com/news/2012/procurement-fraud-costs-uk-more-than-5-million/bProcurement bfraud/b costs UK more than £5 million/b/abr /font size=-1bfont color=#6f6f6fSupply Management/font/b/fontbr /font size=-1Public and private sector organisations lost more than £5 million in procurement bfraud/b during 2011, based on a number of purchasing-related UK prosecutions last year. KPMG#39;s bFraud/b Barometer results, published yesterday, analysed criminal cases in the b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHbyGxkwGnROwY4TZXClj 4PP699Fgamp;url=http://www.scotlandfoodanddrink.org/news/article-info/3379/illegal-fishing-dominates-2011-scottish-fraud-figures.aspxIllegal fishing quot;dominatesquot; 2011 Scottish bfraud/b figures/afont size=-1 color=#6f6f6fnobrScotland Food and Drink (press release)/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH-1yeI6I4nxIvH2PaO6rK-nxCITgamp;url=http://www.cio.co.uk/news/3333881/fraud-accounted-for-record-loss-in-2011/bFraud/b accounted for record loss in 2011/afont size=-1 color=#6f6f6fnobrCIO UK/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEW2LZvVa1hAaeHw67Psj hoBrrjmQamp;url=http://www.cfoworld.co.uk/news/risk/3333764/fraud-accounts-for-record-35-billion-loss-in-2011/bFraud/b accounts for record £3.5 billion loss in 2011/afont size=-1 color=#6f6f6fnobrCFO World UK/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHa8D3r00bVf1q3A3Zt75 RQN8m1Qgamp;url=http://www.pcr-online.biz/news/read/austerity-leads-to-fraud-boom-time/027867nobrPCR-online.biz/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGPTqtaZ3bWHCx8RzcsMc fGDCTWlgamp;url=http://www.risk.net/operational-risk-and-regulation/news/2142298/internal-fraud-rise-2012-experts-warnnobrRisk.net/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFeK4dd5o7HuJxRs1QG6q XlpeJhIQamp;url=http://www.channelweb.co.uk/crn-uk/news/2142315/uk-fraud-levels-hit-recordnobrCRN - UK/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dWR4WHuFScvjcKMV_PIg 2RQGNXjdMnobrball 32 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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