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ā€¼ļø A $486-Billion Global Scam ? In 2023, financial fraud reached $485.6 billion, nearly matching Singaporeā€™s GDP. Payments fraud, driven by tactics like banking trojans, makes up 80% of these losses. Credit card fraud adds another $28.6 billion.

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Kishan Kabra

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I assume that this is a recorded number but real number must be high. Whole industry & in somecases authorities are revolving each other so don't expect help in more.

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