Cost of different types of fraud to the UK economy

I just knocked up this little bar chart based on data from this article  by Polly Toynbee

I think it illustrates quite nicely how benefit fraud really isn’t a problem in the grand scheme of things. Given that fewer people commit financial fraud than benefit fraud (the amounts are larger in the former) surely on a pragmatic level, it would be easier for the political parties and the press to go after the tax avoiders and the financial sector fraudsters than the benefit cheats, but then again, they’re the ones who donate to the political classes, aren’t they now, whereas the underclass, well they’re just all a bunch of feral scum.

fraud

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2 thoughts on “Cost of different types of fraud to the UK economy”

  1. Thankyou for your comment, of course the chart is only provided using existing data, which is based on estimates, and thus one should always question the validity of sources!

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