The Nature, Extent and Economic Impact of Fraud in the UK

This study was commissioned by the Association of Chief Police Officers Economic Crime Portfolio to meet the following objectives: 1. to determine as accurately as possible from existing published sources of information the nature, extent, and cost of fraud to the public and private sectors; 2. to assess critically the availability and quality of existing evidence on fraud; and 3. to recommend appropriate strategies to facilitate the comprehensive and consistent recording of data on fraud (i.e. strategies for future data capture). The study did not conduct original research to get a closer approximation to the true cost of fraud.