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The 2022 International Fraud Report, compiled by econsumer.gov under the International Consumer Protection and Enforcement Network (ICPEN), reflects a collaborative effort involving over 65 global consumer protection agencies. The report documented 26,339 instances of fraud, resulting in a staggering total loss of USD 194.8 million, with 83% of cases reporting financial losses.
Notable countries contributing to the highest number of reports include France (6663), the United States (6019), Turkey (1582), Spain (776), Chile (650), Australia (640), and India (447). The United States and the United Kingdom stand out as top company locations with 4949 and 2292 reported instances, respectively. These statistics underscore the global impact of fraudulent activities and the necessity for international cooperation in combating such threats.
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