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Fraud

Volume 451: debated on Wednesday 8 November 2006

To ask the Solicitor-General what the levels of serious fraud have been in each of the last five years; and if he will make a statement. (98270)

Fraud is by its nature surreptitious and that highlights the fact that at present there are no entirely reliable estimates of either levels of fraud, or the cost of fraud to the economy as a whole. The report set out in an annex existing methodologies for measuring fraud; but went on to recommend the establishment of a measurement unit, within a national fraud strategic authority, which would have the responsibility for producing accurate measurements of the extent of fraud and which would track the success of initiatives to tackle that fraud.