NASDAQ Global Financial Crime Report: Criminals Took US$3.1 Trillion from Victims and the Economy in 2023
Global Financial Crime Report: Criminals took US$3.1 Trillion from Victims in 2023 Per NASDAQ
Tracking the Impact of Financial Crimes on Victims
Author:
• SCARS Editorial Team – Society of Citizens Against Relationship Scams Inc.
About This Article
The 2024 Global Financial Crime Report by Nasdaq reveals that transnational illicit activities, like romance scams and human trafficking, amassed over US$3 trillion, devastating victims’ sense of security and, at times, their lives. Nasdaq Chair and CEO Adena Friedman emphasizes, “The world’s multi-trillion-dollar financial crime epidemic is more than a money problem.”
Victims, like former U.S. Air Force intelligence officer & SCARS Chair Debby Montgomery Johnson, echo the sentiment, emphasizing the profound human costs. The report exposes the staggering impact on individuals, including romance scam losses totaling $3.8 billion in 2023 alone.
