This statistic shows the amount lost through fraud as of 2016 in the financial sector of the United Kingdom (UK) by fraud type. Insurance and mortgage fraud are by far the most heavily affected areas for fraud. Insurance is estimated to lose 2,896 million British pounds a year through fraud and mortgage fraud losing 1,583 million British pounds. The financial sector that is hit the least is motor finance with an estimated 11 million British pounds lost to fraud.
Financial sector sales fraud in the United Kingdom (UK), as of 2016, by type
(in million GBP)
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Experian, & Centre for Counter Fraud Studies. (November 13, 2017). Financial sector sales fraud in the United Kingdom (UK), as of 2016, by type (in million GBP) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/751031/financial-sector-sales-fraud-by-type-uk/
Experian, und Centre for Counter Fraud Studies. "Financial sector sales fraud in the United Kingdom (UK), as of 2016, by type (in million GBP)." Chart. November 13, 2017. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/751031/financial-sector-sales-fraud-by-type-uk/
Experian, Centre for Counter Fraud Studies. (2017). Financial sector sales fraud in the United Kingdom (UK), as of 2016, by type (in million GBP). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/751031/financial-sector-sales-fraud-by-type-uk/
Experian, and Centre for Counter Fraud Studies. "Financial Sector Sales Fraud in The United Kingdom (Uk), as of 2016, by Type (in Million Gbp)." Statista, Statista Inc., 13 Nov 2017, https://www.statista.com/statistics/751031/financial-sector-sales-fraud-by-type-uk/
Experian & Centre for Counter Fraud Studies, Financial sector sales fraud in the United Kingdom (UK), as of 2016, by type (in million GBP) Statista, https://www.statista.com/statistics/751031/financial-sector-sales-fraud-by-type-uk/ (last visited December 22, 2024)
Financial sector sales fraud in the United Kingdom (UK), as of 2016, by type (in million GBP) [Graph], Experian, & Centre for Counter Fraud Studies, November 13, 2017. [Online]. Available: https://www.statista.com/statistics/751031/financial-sector-sales-fraud-by-type-uk/
