Fraud in Scotland slides to £5m

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THE value of fraud committed in Scotland last year totalled about £5 million – the lowest figure since 2007.

The sum plunged from more than £96m in 2011, which was dominated by a £91m illegal fish-landing scam.

Audit and tax experts KPMG said “old-fashioned con artistry” was still rife in Scotland, however, with the £4.9m fraud in 2012 mostly committed by workers ripping off their employers.

Courts dealt with six cases of high-value fraud, including that of Steven Brady, 37, who cashed cheques worth £1.5m at Booker Cash & Carry in Dundee to fund a gambling habit.

Ken Milliken, of KPMG in Scotland, said: “What we are seeing is individuals looking to feather their nests through ripping off employers, banks or the government.”