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Online Fraud StatsThe
number of frauds vary by country. Below is a breakdown of the countries
from where the most fraud originates as well as the least. According to ClearCommerce,
approximately 6% of all online transactions from such countries as Malaysia and Israel
(who are actually on the bottom of the dirty dozen show below) are fraudulent.
| Countries from where
the most online fraud originate. |
Countries from where
the least online fraud originate. |
When the fraud is
perpetrated from within the U.S., these are the states with the largest percentage of
fraudulent people |
1) Ukraine
2) Indonesia
3) Yugoslavia
4) Lithuania
5) Egypt
6) Romania
7) Bulgaria
8) Turkey
9) Russia
10) Pakistan
11) Malaysia
12) Israel |
1) Austria
2) New Zealand
3) Taiwan
4) Norway
5) Spain
6) Japan
7) Switzerland
8) South Africa
9) Hong Kong
10) United Kingdom
11) France
12) Australia
13) United States |
1) California - 21%
2) Florida - 10.1%
3) New York - 8.3%
4) Texas - 6.0%
5) Penn. - 4.5%
6) Illinois - 3.9%
7) New Jersey - 3.7%
8) Michigan - 2.8%
9) North Car. - 2.6%
10) Virginia - 2.5% |
I would add Nigeria to the international dirty
dozen, with the "help me get my money
out of here" email scam. It is also known to be one of the major players in the
shipping
the goods to a freight forwarder to circumvent the international shipping scrutiny.
By the way, most of the victims of this scam pay through account debits and wire services.
Top Internet
Frauds
| Jan.-Oct. 2001 Top
10 Frauds |
Percentage of
total fraud |
Average Loss Per
Person |
| Online Auctions |
63% |
$478 |
| General Merchandise
Sales |
11% |
$845 |
| Nigerian Money Offers |
9% |
$6,542 |
| Internet Access
Services |
3% |
$568 |
| Information Adult
Services |
3% |
$234 |
| Computer
Equipment/Soft. |
2% |
$1,102 |
| Work-At-Home |
2% |
$120 |
| Advance Fee Loans |
1% |
No Data |
| Credit Card Issuing |
.6% |
No Data |
| Business
Opportunities/franchises |
.4% |
No Data |
| 2001 Top 5 Methods of Payment |
Payment used in general merchandise fraud |
| Money Order - 29% |
Credit Card - 41% |
| Credit Card - 28% |
Money Order - 21% |
| Check - 18% |
Check - 16% |
| Bank Account Debit - 6% |
Debit Card - 6% |
| Debit Card - 5% |
Wire - 4% |
Source: Internet Fraud Watch |
