Tag: annual losses
FBI Reports $100 Million Lost to Disaster Relief Fraud Annually
Every year, the FBI estimates that disaster relief fraud siphons away $100 million from funds desperately needed to rebuild communities and save lives. This...
How Chargeback Fraud Costs Businesses $40 Billion Annually
Businesses worldwide lose a staggering $40 billion each year to a growing menace: chargeback fraud. This sophisticated form of theft, often perpetrated by savvy...
Global Intellectual Property Crime Costs Economies $461 Billion Annually
Intellectual property crime drains a staggering $461 billion from global economies each year. This illicit activity, often overlooked, fuels organized crime and undermines innovation....
Investment Fraud Costs Americans $3.5 Billion Annually
Americans lose a staggering $3.5 billion each year to investment fraud, a crime that preys on trust and financial aspirations. This figure, reported by...
Rental Fraud Costs Victims Over $100,000 Annually
Rental fraud is a growing problem, costing victims over $100,000 annually. Scammers exploit the housing market, targeting vulnerable renters with fake listings and deceitful...
Lottery Scams Cost Victims $1.5 Billion Annually
Every year, lottery scams siphon $1.5 billion from unsuspecting victims worldwide. This sophisticated form of financial fraud preys on hope and greed, leaving devastation...
Retail Theft Costs U.S. Businesses $60 Billion Annually
U.S. businesses lose a staggering $60 billion each year to retail theft, a figure that underscores the severity of the issue. This crime wave...