If fraud was a company…
According to the Federal Trade Commission, theft through fraud may have been as high as $158.3 billion in 2023 alone. To put this into perspective, if fraud was a US company, it would be in the top 40 by revenue. That’s $434 million every day – or about $300,000 every minute – stolen from Americans by fraud criminals.
All reports on fraud that seek to measure the problem show…