Insurance industry sees a surge in identity fraud cases
New research reveals that insurance fraud has seen the largest percentage increase of any sector over the past seven years, growing by a staggering 211% since 2017. Plastic card fraud remains the most common type of identity fraud in 2024, accounting for 39.25% of all cases. Specifically, the communications sector has seen a 114.77% increase in identity […]
Credit card fraud makes up over one-third of U.S. identity theft cases
Credit card fraud accounts for 36% of all identity theft reports in the U.S., with 420,498 total cases, a rate of 124 incidents per 100,000 residents. This forms part of a new study that reveals that credit card fraud is by far the most common type of identity theft in America. The analysis derives from GBG. The […]
George Santos pleads not guilty to fraud and theft charges as he calls case ‘witch hunt’
US Republican congressman George Santos described the case against him a “witch hunt” as he pleaded not guilty to charges of fraud, money laundering and theft of public funds. The 34-year-old US politician appeared in court in New York and pleaded not guilty to the 13 charges against him, around five hours after his arrest. […]
George Santos: US Republican politician charged with fraud, money laundering and theft
The 34-year-old US politician has been charged on 13 counts including seven counts of wire fraud, three counts of money laundering, one count of theft of public funds, and two counts of making materially false statements to the House of Representatives, according to the Justice Department. Santos, who has resisted calls to resign for lying […]
