Both the number of cases and the total amount of losses as a result of white-collar crime clearly rose in 2011 in comparison with the previous year. This year’s KPMG “Forensic Fraud Barometer” shows that investors are among the main victims and employees committed considerably more offenses than members of company management. The increase can be explained by the tough economic climate, but also by a heightened sensitivity to such crime.
In Switzerland a total of 69 cases of white-collar crime were brought to trial in 2011 – in comparison with 52 cases in the previous year this means an increase of 33%. The total amount of losses also rose: while they amounted to CHF 365.1 million in 2010, last year they totaled CHF 519.6 million, equating to an increase of 42%. The greatest loss dealt with in 2011 amounted to CHF 270 million, the charge being embezzlement.