Financial Times FT.com

In-house fraud cases surge

By Robert Cookson in London

Published: May 10 2009 23:30 | Last updated: May 10 2009 23:30

Fraud committed against companies by their own employees has surged this year, new data suggest, providing fresh evidence that the recession is fuelling a rise in crime.

Whistleblower hotlines operated by The Network, a US group that provides compliance services to some of the world’s biggest companies – including Aviva, the UK insurer, Cisco and Yahoo, the US tech companies, and Delta, the US airline – have received a deluge of tip-offs about fraud in recent months.

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