Annual Fraud Indicator 2012

29-03-2012

The National Fraud Authority's updated indicator of fraud levels in the UK.  The latest estimate of fraud loss to the UK economy is £73 billion.

The loss to the public sector is £20.3 billion of which local government represents £2.2 billion.

The report outlines the indicated losses from different types of fraud affecting the public sector and also the trend in comparison to the previous year's indicator.