Summary
“Fraud is on the rise and is being conducted on a prodigious scale across the UK. The Home Office has identified fraud committed by organized crime groups (OCGs) as a major threat in the UK; however the nature and extent of the links between the two has been unclear. In 2012 the National Fraud Authority (NFA) estimated that out of 7,503 OCGs in the UK, 1,365 were linked to fraudulent Activity. Based on this figure, the Home Office estimates that at least 15 per cent of all fraud in the UK is organized, although it has long suspected that this figure is a significant underestimate.”—Page 1.