Tag: identity theft
Loan Fraud Crime: 5 Common Types and Their Consequences
Loan fraud crime costs financial institutions and individuals billions of dollars annually, with criminals growing more sophisticated in their tactics. This financial crime involves...
Bank Fraud Costs U.S. Billions Annually
Bank fraud costs the U.S. economy billions of dollars each year, with criminals exploiting vulnerabilities in the financial system to siphon funds and compromise...
ATM Skimming: How Criminals Steal $1 Billion Annually
Every year, criminals siphon off an estimated $1 billion through a deceptive practice known as ATM skimming. This digital-age crime has evolved into a...
Beware: 1 in 10 Americans Falls Victim to Phone Scams Annually
Every year, 33 million Americans fall prey to phone scams, a crime that costs victims billions of dollars and countless hours of stress. Phone...
False Documentation Crime: 5 Key Facts You Need to Know
False documentation crime costs businesses worldwide an estimated $2.9 trillion annually, according to the Association of Certified Fraud Examiners. This staggering figure underscores the...
Immigration Fraud Costs U.S. Billions Annually
Every year, immigration fraud siphons billions of dollars from the U.S. economy, exploiting loopholes and manipulating legal processes. This complex web of deceit encompasses...
Phishing Scams Cost Victims Over $50 Million Annually
Phishing scams have become a pervasive digital menace, siphoning over $50 million annually from unsuspecting victims. This cybercrime wave shows no signs of abating,...