07/07/2009 - Businesses at greater risk of fraud
Research suggests that fraud and theft is becoming more of a problem for companies across the country as a result of the recession.
According to a survey by the Institute of Directors, almost one in five company directors said they had seen business crime increase over the past 12 months.
The results of the poll of 1,000 directors show that fraud, internet crime and theft are all on the rise and are worsening problems for businesses, which are already struggling during the economic downturn.
The institute`s director-general, Miles Templeman, said: "It looks like one of the many side effects of this recession is that business crime is on the up. This is another nightmare for bosses to grapple with, particularly at a time when companies are already facing huge pressures."
He has called on the Home Office to start recording and reporting the level of crime committed against businesses, something which has been restricted "for far too long".
Copyright © Press Association 2009
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