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READ MOREUK failing to tackle fraud epidemic, warns National Audit Office
The UK government lacks a coherent strategy for tackling fraud and has significant gaps in its understanding of the problem, according to a new report by the National Audit Office (NAO).
The situation has seen action taken against fraudsters drop over the past five years, even as the level of fraud across the economy has increased by 15 per cent.
The NAO said the government lacks current data on the country’s fraud problem and has a limited understanding of its perpetrators, despite it now being the largest category of crime in England and Wales.
Read more at City A.M.
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