September 10, 2025Digital sociologyOpen Access

Forms of financial fraud in the modern world

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Sociological survey reveals that financial fraud is prevalent, highlighting the need for better protection and awareness among citizens.

Financially literate individuals are more critical of unfamiliar phone calls related to fraud.
Survey findings indicate phone calls are the most common form of financial fraud attempted.
The study recommends increased state efforts to inform citizens about different fraud schemes.
Greater protection measures from firms are essential to safeguard personal data against potential fraud.

Rakhmeeva et al. (2025) studied this question.

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