Reading seven lines down through their own report we find:
‘The value of fraud cases has fallen compared to the same period last year.’
The actual figure is £1.2 million in total fraud. Thirteen lines further down we see:
‘Across the UK, more than £319m of alleged fraud was alleged in cases in the courts in the first half of 2019, down from £345m in the same period last year.’
£1.2 million is only 0.37% of £319 million.
‘Total UK fraud?’
Fraud is the principal activity of the City of London and the financial services sector in Docklands. Of course, they give it fancy euphemistic titles like ‘Hedge Funds’ and ‘arbitrage’ and, since they control the government, endure that much of it is ‘perfectly’ legal.
PS why do those who defend antisocial and morally dubious practices as ‘perfectly’ legal, when they mean that there is no specific law against it. In what way is it ‘perfect’?
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