The Cost of Fraud

Fraud costs the United Kingdom an estimated £52 billion a year, with local authorities facing a loss of around £2.1 billion a year.

Breaking down the loss:

  • Housing Tenancy Fraud: £845 Million
  • Procurement Fraud: £876 Million
  • Payroll Fraud: £154 Million
  • Health Fraud: £1.25 Billion
  • Blue Badge Scheme Fraud: £46 Million
  • Tax Fraud: £135 Million
  • Pension Fraud: £7.1 Million
  • Grant Fraud: £35 Million