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Where Does Fraud Occur the Most in the United States?

Fraud can include many different types of scams from identity theft to phishing scams and other types of digital credit card fraud. In the United States fraud is on the rise with over a 25 percent increase in the first four months of 2021 alone when compared to earlier years.

Where Does Fraud Occur the Most in the United States? #Infographic

The Ponzi scheme Completes a Century


The Ponzi scheme is a type of fraudulent tactic or scam, named after Charles Ponzi. It first started off by Ponzi who was born in 1882 in Italy. Looking forward to a better and more fortunate life, he had moved to America in 1903. However, his desire to seek fortune led him down to the path of crime and fraudulent tactics rather than gaining with integrity and honesty.


How did he make the scams work exactly? He would take money from new investors and pay dividends to older investors, keeping a lot of profit to himself. Out of all the scams, he was able to make a total of 193 million US dollars, which is just an estimate.


The Ponzi scheme Completes a Century #Infographic


Hungary facing financial irregularities, worst in the EU

The European Anti-Fraud Office, or by its French abbreviation OLAF, released its annual report, which indicates that Hungary has the most financial irregularities of any EU member state this year. OLAF is certified and tasked with investigating fraud and corruption with the EU budget within the European constitution and is also responsible for creating anti-fraud legislation and policies.

Hungary facing financial irregularities, worst in the EU #infographic

Amazon receives fake reviews from its most active users

Every site suffers scam stories, but only that website really passes the exam that finds the knows how to rectify it. Amazon is considered one of the biggest online platforms for its best accommodation services to the users. The website is a global network where the buying and selling of products happen along with hundreds of reviews, which boosts the status of Amazon's website globally.

In the month of May, a company called Fakespot found out about 58% of fake reviews posted on the site of Amazon UK, where most of the online shopping happened during the pandemic. In recent reports, it has been proved that since Amazon attracts a massive amount of audience to its platform, it also gets the greatest number of fake reviews from fraud sources.

Amazon receives fake reviews from its most active users

To take action against misinformation on U.S. elections, social media platforms like Facebook and Twitter have stepped up. Facebook is providing poll-related resources, while Twitter is expanding its policy against misinformation on mail-in ballots and early voting.


The actions were taken after the 2016 elections when social media platforms received backlash for their lax approach towards fake news report and misinformation campaigns.


Twitter is standing against misinformation on elections with the help of new policies that ensure the emphasis on accurate information regarding all options available for voting including mail-in ballots and early voting. Twitter's VP for public policy, Jessica Herrera-Flanigan, stated in an email to Reuters that Twitter is focused on empowering every eligible person to register and vote via partnerships, tools and new policies. 

Twitter and Facebook Take Action Against Misinformation on U.S. Elections


A student loan is an excellent way to pay off your tuition and studying to get your dream job. However, a student who requires financial aid is a desperate person, and they get scammed quite often. Student loan frauds are very common, so you need to stay vigilant in spotting these out.

Beware of the student loan fraud #infographic

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