Fraud costs the Vietnamese economy more than €197,006,980
Have you ever been approached by a scammer? If so, you’re not alone.
Unfortunately, there are many scammers in the world – one in ten adults in the US will fall for scams every year.
As more people trade and invest, the number of scams has increased – since 2015 there has been a 13.3% increase in securities and investment fraud.
There are several ways these fraudsters approach you and end up taking your money
Scams are happening all over the world – in fact there was a 15% increase in global scams in the past year and a total loss of over $41.3 billion.
Realtor comparison website InvestinGoal determined which countries have seen the highest total of scams and which have lost the most money to them, and which countries have seen the fewest number of scams.
This analysis found that Kenya lost the highest percentage of GDP to scams with a total loss of 0.30%. Turkey had the second highest percentage loss at 0.20%. Vietnam saw the sixth largest loss when comparing estimated lost value to their country’s GDP with a 0.07% loss
Types of Trading Scams
