What are the latest statistics on fraud cases?

What are the latest statistics on fraud cases?

As of 2023, fraud cases have increased by 15% compared to the previous year, with online scams being the most prevalent.

What types of fraud are most common?

The most common types of fraud include identity theft, credit card fraud, and online scams, particularly phishing.

How do these statistics compare to previous years?

In the last five years, fraud cases have shown a steady increase, with a notable spike during the pandemic.

What measures can be taken to prevent fraud?

To prevent fraud, individuals should use strong passwords, monitor their financial statements, and be cautious of unsolicited communications.

Where can I find more detailed reports on fraud statistics?

You can find detailed reports on fraud statistics from organizations like the Federal Trade Commission (FTC) and the Association of Certified Fraud Examiners (ACFE).