Welsh public services could lose up to £1 billion a year to fraud

No

The picture of counter-fraud arrangements in the Welsh public sector varies across Wales, but there is scope for greater collaboration and cross-agency working to combat fraud.

The losses caused by fraud in the public sector are significant and, in a time of austerity, every pound lost to fraud is a pound that could be spent on public services. Estimates of these losses range from £100 million to £1 billion per year, which gives an indication of the potential risks of fraud facing the public sector in Wales.