Europol on Online Fraud Highlights the Significant Increase in Schemes

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Friday, January 12, 2024
Author: 
Bruce Zagaris
Volume: 
40
Issue: 
1
Abstract: 

On December 20, 2023, Europol released a report on online fraud that underscores that online fraud schemes (OFS) pose a major crime threat in the EU and beyond and are rapidly increasing as online fraudsters earn multiple billions in illicit profits annually.