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As nontechnical losses in power systems have recently become a global concern, electricity fraud detection models attracted increasing academic interest. The wide application of smart meters has offered more possibility to detecting fraud from user’s consumption patterns. However, the performances of existing consumption-based electricity fraud detection models are still not satisfactory enough for practice, partly due to their limited ability to handle high-dimensional data. In this paper, a deep-learning-based model is developed for detecting electricity fraud in the advanced metering infrastructure, namely, the multitask feature extracting fraud detector (MFEFD). The deep architecture has brought MFEFD a powerful ability to handle high-dimensional input, through which consumption patterns inside load profiles can be effectively extracted. Another challenge is that the insufficiency of labeled data has restricted the generalization of existing models since they are mostly based on supervised learning and labeled data. MFEFD is trained in a semisupervised manner, in which multitask training was implemented to combine the supervised and unsupervised training, so that both the knowledge from unlabeled and labeled data can be made use of. Real-world-data-based case studies have demonstrated MFEFD’s high detection performance, robustness, privacy preservation, and practicability. [ABSTRACT FROM AUTHOR]