Neither of the Law Officers Department’s responsible for prosecuting fraud cases, the Serious Fraud Office (SFO) and the Crown Prosecution Service (CPS), hold data requested. Reported crime data is collated and held by the Home Office.
The SFO receives approximately 1,200 referrals of alleged criminality every year. These range in seriousness and come from a variety of sources, including the public, whistle-blowers and corporate referrals.
Every referral received is researched and/or assessed to help determine if it is a matter that the SFO should investigate.
The SFO only takes on only the most complex fraud and bribery cases. Should a referral not meet the reasonable suspicion threshold and the Director’s Statement of Principle, it may be referred to another law enforcement agency or discontinued.