Peters & Peters

Is fraud on the rise and should investors be wary? P&P’s Keith Oliver discusses in Citywealth

“The strange thing about this current economic climate is that no one knows if we will go into a recession or not”, says Keith Oliver. “The last recession followed a strong bull market, but this time around it’s different. There is pent-up demand and lots of cheap assets. If we do see more fraud come to light it makes sense that that will also look different to last time”. On the question of whether investors should be concerned about rising fraud, Keith says no. “Nowadays, banks all over the world have the strictest anti-money laundering rules. There has been a huge improvement in the regulatory framework underpinning business activities, there is a professional community of advisors and ultimately, the world is a more regulated, connected and transparent place. Read more