The [British] Government was accused yesterday of playing on people’s fears by producing hugely inflated figures on the cost of identity fraud.
In a report published yesterday, the Home Office said that the annual cost of ID fraud had reached £1.7 billion. However, this figure was undermined by Apacs, the group that represents payment organisations such as banks and credit firms, which said that the cost had been grossly overestimated and that its own figures had been misrepresented.
Asked why the Home Office used the larger sum, she said: “I just think they think it is a good story to scare people with.”
In a report published yesterday, the Home Office said that the annual cost of ID fraud had reached £1.7 billion. However, this figure was undermined by Apacs, the group that represents payment organisations such as banks and credit firms, which said that the cost had been grossly overestimated and that its own figures had been misrepresented.
Asked why the Home Office used the larger sum, she said: “I just think they think it is a good story to scare people with.”
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