A new report reveals that business fraud in Britain has risen by 42 percent compared to the same period last year. Some £538 million was defrauded in the first half of 2007. The amount is soaring due to the number of frauds over £50,000.
But the chances of being prosecuted for business fraud are slim. Less than 15 percent of cases lead to prosecution – and the chances of being prosecuted decrease if more money is stolen.