annual fraud indicator 2013


The National Fraud Authority have published the Annual Fraud Indicator for 2013.

This year's indicator estimates the level of fraud in the public sector to be £20.6 billion.

As well as the breakdown by sector the indicator also examines fraud losses by enabler, including the level of insider fraud.

The indicator for the level of known fraud is 0.13% of public sector receipts and the estimate of undetected losses is estimated to be 3.63%.