Americans Are The Most-Scammed People In The World
Americans Are The Most-Scammed People In The World
Several criminal groups, predominantly originating from China, have set up https://news.un.org/en/story/2024/07/1151906
.
These centers are prolific for carrying out a form of fraud called “https://www.reuters.com/investigates/special-report/fintech-crypto-fraud-thailand/
, over a prolonged period of time, gradually building up the victim’s trust as if a friend. The victim is encouraged to transfer money, in this way “fattening the pig”, until all of their money has been drained and the victim is metaphorically “slaughtered”.
In this role, the perpetrator usually pretends to be someone both wealthy and competent in https://www.statista.com/topics/4495/cryptocurrencies/
, telling the victim to transfer their money into the share market, cryptocurrency or foreign currency exchanges through a fake site.
Perpetrators of pig butchering are often victims too, with https://www.ohchr.org/en/press-releases/2023/08/hundreds-thousands-trafficked-work-online-scammers-se-asia-says-un-report
by Chain Analysis.
https://www.statista.com/chart/33872/estimated-average-losses-due-to-scam-activity-per-victim/
carried out by the organization of 58,329 people in 2024 found that almost half of the world experienced a scam once a week.
https://www.statista.com/chart/33872/estimated-average-losses-due-to-scam-activity-per-victim/
You will find more infographics at https://www.statista.com/chartoftheday/
In China, respondents were particularly likely to say that they would recognise a scam, at 84 percent agreeing with the statement. Phone calls and text/SMS messages remained the primary methods through which scammers operated in 2024, with a notable rise in WhatsApp scams across several regions.
The financial cost of scams is enormous, at an estimated $1.03 trillion worldwide in 2024 alone.
While the average estimated loss per victim was highest in richer countries such as the United States ($3,520 per victim) and Denmark ($3,067), economically developing nations face a heavier impact.
According to GASA, Pakistan lost 4.2 percent of its GDP to scams while Kenya and South Africa lost 3.6 percent and 3.4 percent, respectively.
By comparison, in France and Germany, losses per country hovered around 0.2 percent of GDP.
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Thu, 02/06/2025 - 06:55
https://www.zerohedge.com/technology/americans-are-most-scammed-people-world