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    Can anyone please find the amount of money missing people in the UK costs the government per year. Thank you
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    http://www.experian.co.uk/blogs/late...ond-every-day/
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    I looked on this link but couldn't find the bit, could you tell me?
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    The annual cost of fraud in the UK could be as high as £193 billion per year
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    – an average of more than £3,900 per adult in the UK with losses taking place at a rate of £6,000 per second.


    Payroll fraud, which accounts for losses of £12 billion per year – 8 per cent of the total cost of fraud to the private sector.
    • The charity or ‘third sector’ is hit with fraud costs of nearly £2 billion per year.
    Mortgage lending, which suffers losses equivalent to £1.3 billion annually and in which 84 applications out of every 10,000 are suspected to be fraudulent.
    Insurance sector fraud, costing £1.3bn a year through illegitimate claims with an estimated 350 frauds every day.
    Fraud in the public sector of around £37.5 billion and is equivalent to 5.5 per cent of the £694 billion spent annually. Central government bears the majority of this cost at around £30 billion per year. Procurement fraud is again a major source of losses, costing central and local Government a combined £10.5 billion per year.
    Other key areas that are hitting Government purse strings include:
    • Tax fraud costing £15.4 billion every year, equal to 3% of the total tax revenue.
    • Fraud losses in the NHS relating to income and expenditure amounting to £2.5 billion.
    • Housing tenancy fraud is estimated to cost £1.7 billion.
    • Benefit and tax credit fraud are estimated at £2.4 billion.
    • Grant fraud is estimated to cost £2.7 billion.
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    Thank you so £193 billion per year?
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    Isn't that fraud on a whole not missing people?
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    (Original post by Richard.T)
    Thank you so £193 billion per year?
    That's fraud though, not the same thing is it?
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    (Original post by That'sGreat)
    That's fraud though, not the same thing is it?
    oh, I can't find it online , the statistics
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    yeahh
    (Original post by Richard.T)
    Thank you so £193 billion per year?
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    (Original post by Richard.T)
    oh, I can't find it online , the statistics
    Well at the top end, the University of Portsmouth said the investigation per missing person costs max £2415, and an estimated 250,000 go missing a year. So that's £603,750,000 a year, which is 603,749,999 in seconds more than you spent trying to find the answer.
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    I read that but wasnt sur eif that was right.
    (Original post by that'sgreat)
    well at the top end, the university of portsmouth said the investigation per missing person costs max £2415, and an estimated 250,000 go missing a year. So that's £603,750,000 a year, which is 603,749,999 in seconds more than you spent trying to find the answer.
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    So what does it cost on average for find a missing person?
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    http://www.diligentiagroup.com/legal...find-a-person/
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    $250?
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    convert that to pounds and yeah that should do it
    (Original post by Richard.T)
    $250?
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    (Original post by unillama)
    convert that to pounds and yeah that should do it
    Thank you
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    no problemo!!!!
    (Original post by Richard.T)
    Thank you
 
 
 

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