I have recently been involved in a debate stemming from


Background

With regards to the UK government.

I have recently been involved in a debate stemming from figures mentioned in this blog post (the blogger was advocated by Occupy London's facebook page and verifying the level of "over-sensationalism" portrayed in the post would make or break my relationship with them both).

Here are the bare bones of what the blog post claims:

Bankers cost this country 456.3bn in fraud.

People on the dole cost this country 1.6bn in fraud.

0 bankers are sent to prison for fraud.

6000 people on the dole are sent to prison for fraud (/yr).

Politicians had to bail the bankers out with 1.2tn, leaving the next generation with 3 times more tuition fees to pay.

I did post (twice) on that blog post, asking for citations, but they have not yet replied. So I turn to Stack Economics for the first time for help with either verifying/debunking two claims (100 rep points is not from involvement on stack: economics):

Questions

(i) Where (if anywhere) does the 456.3 billion come from?

(ii) Where (if anywhere) does the 1.2 trillion come from?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: I have recently been involved in a debate stemming from
Reference No:- TGS01039539

Expected delivery within 24 Hours