As with any innovation, there are good uses and bad uses. The Internet is also one innovation that has helped modern civilisation. It has also increased the rate at which fraud is perpetuated globally.
1. From 2005 to 2009, internet scam complaints rose from 100,000 per year to nearly 300,000 per year.
2. The monetary loss of scam complaints easily exceeds $300 million per year.
3. Top 5 internet scams with the most complaints:
– 14.4% – Identity theft
– 13.2% – FBI-related scams
– 9.8% – Miscellaneous fraud
– 9.1% – Advance fee fraud
– 8.6% – Spam
4. Men report 25% higher monetary losses related to internet spam than females.
5. In 2010, individuals in the 60 years or older group reported higher amounts of monetary loss from internet scams than any other group.
6. The 3 most commons locations for internet scams to originate are:
– 65.9% – United States
– 10.4% – United Kingdom
– 3.1% – China
Most people have heard about online scams or internet fraud. But how much do you know about online fraud or scams? Do you know that online fraud is on the increase?
An infographic (posted below) was published in 2012 by BackgroundCheck.org that provides us with a great deal of statistics related to internet scams and fraud.
Internet Scam Statistics Infographic Highlights:
1. From 2005 to 2009, internet scam complaints rose from 100,000 per year to nearly 300,000 per year.
2. The monetary loss of scam complaints easily exceeds $300 million per year.
3. Top 5 internet scams with the most complaints:
– 14.4% – Identity theft
– 13.2% – FBI-related scams
– 9.8% – Miscellaneous fraud
– 9.1% – Advance fee fraud
– 8.6% – Spam
4. Men report 25% higher monetary losses related to internet spam than females.
5. In 2010, individuals in the 60 years or older group reported higher amounts of monetary loss from internet scams than any other group.
6. The 3 most commons locations for internet scams to originate are:
– 65.9% – United States
– 10.4% – United Kingdom
– 3.1% – China
To keep abreast of new Internet Scams and Online fraud, read our post on this by clicking here
