Fraud costs UK billions every year

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Fraud costs UK billions every year

Published by Crimestoppers for Crimestoppers in Communities and also in Bill Payments, Central Government, Education, Environment, Health, Housing, Local Government
Friday 22nd January 2010 - 1:56pm

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Fraud losses cost each UK adult £621 a year, according to the National Fraud Authority.

The total cost of fraud losses to the UK comes to £30bn a year. The NFA calculated the figure for the first time and said that these losses are paid for through taxes and the increasing cost of products and services.

Read more on the Crimestoppers website.

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