 |
answer text |
<p>The Office for National Statistics publishes estimates on the volume of fraud against
adult individuals in England and Wales in the Crime Survey for England and Wales quarterly
releases.<sup><sup>[1]</sup></sup></p><p> </p><p>The ONS estimated that in the year
ending June 2020 there were approximately 4.3 m fraud offences against adults in England
Wales.</p><p> </p><p>The ONS also publishes, as part of its data on crime, the total
number of fraud offences that are referred to the National Fraud Intelligence Bureau
(NFIB) by industry bodies (UK finance and CIFAS) or recorded by Action Fraud each
year. In the year ending June 2020, 733,967 cases were referred to the NFIB or recorded
by Action Fraud. The ONS also provide a breakdown of this data by fraud type. For
example, there were 415,274 cases of banking and credit industry fraud reported and
14,616 cases of financial investment fraud.<sup><sup>[2]</sup></sup></p><p> </p><p>The
Home Office has estimated that the total cost of fraud to individuals in England and
Wales in 2015/2016 was £4.7bn<sup><sup>[3]</sup></sup>. They also estimated that the
economic cost of organised fraud against businesses and the public sector in the UK
was £5.9bn.<sup><sup>[4]</sup></sup></p><p> </p><p>[1] https://www.ons.gov.uk/peoplepopulationandcommunity/crimeandjustice/bulletins/crimeinenglandandwales/yearendingjune2020</p><p>[2]
<a href="https://www.ons.gov.uk/peoplepopulationandcommunity/crimeandjustice/datasets/crimeinenglandandwalesappendixtables"
target="_blank">https://www.ons.gov.uk/peoplepopulationandcommunity/crimeandjustice/datasets/crimeinenglandandwalesappendixtables</a></p><p>[3]
<a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/732110/the-economic-and-social-costs-of-crime-horr99.pdf"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/732110/the-economic-and-social-costs-of-crime-horr99.pdf</a></p><p>[4]
<a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/782656/understanding-organised-crime-mar16-horr103-2nd.pdf"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/782656/understanding-organised-crime-mar16-horr103-2nd.pdf</a></p>
|
|
