UNODC launches new Issue Paper on ‘Organised Fraud’ shedding light on the rising complexity of these crimes, leveraging technology, including AI

The Paper presents several notable findings: Sophistication of Fraud Schemes: Organized fraud schemes are becoming increasingly sophisticated, often involving advanced technology and cross-border operations. Economic Impact: The financial losses from organised fraud are substantial, affecting individuals and businesses globally. Victim Profiles: Organized fraud victims come from diverse backgrounds, highlighting the need for tailored support and protection measures…