questionText: To ask the Secretary of State for the Home Department, what estimate he has made of the financial loss to UK residents due to (a) fraudulent text messages and (b) fake payment websites.
answerText: The Fraud strategy estimates that in 2019/20 the financial loss from fraud offences was £3.1bn.A link to the Fraud strategy can be found here: Fraud Strategy 2023
heading: Fraud: Internet and Text Messaging