In times of economic uncertainty, fraud typically increases. And these are certainly economically uncertain times. Fraud has been on the rise over recent years and that trend is set to continue. The motivation and opportunity to commit fraud increases as financial pressures loom over individuals and businesses. We are also set to see a continued increase in insolvencies as the impact of the pandemic and other global events set in. The appointment of insolvency practitioners means frauds which might have otherwise continued or remained concealed are more likely to be uncovered. With all of this in mind, a crystal ball is not required to predict that we are likely to see a significant uptick in fraud-based claims emerging over the next 12-24 months. In the final article of our 'Fraud fundamentals' series, we consider some of the key trends and predictions for civil fraud.

https://www.taylorwessing.com/en/insights-and-events/insights/2022/12/fraud-fundamentals-civil-fraud-trends-and-predictions