National Audit Office -
The impact of fraud and error on public funds 2023-24
Fraud and error cost the taxpayer billions of pounds each year – but most of the potential loss goes undetected. Based on the Public Sector Fraud Authority’s (PSFA) methodology, we estimate that fraud and error cost the taxpayer £55 billion to £81 billion in 2023-24. Only a fraction of this is detected and known about – enabling investigation and recovery.
2 comments:
...and if you listen quietly you can hear the money falling down the drain.
DJ - and down it falls 24/7. Old Andy must be deaf though.
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