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Global Crackdown Intensifies: FATF and Interpol Mobilize Against the $1.03 Trillion Fraud Economy
At the Global Fraud Summit in Vienna this week, international authorities delivered a stark warning: fraud has evolved into a vast, technologically sophisticated global economy responsible for an estimated $1.03 trillion in annual losses. Leaders from the Financial Action Task Force (FATF) and Interpol joined policymakers, regulators, and financial experts to confront what is no longer viewed as isolated criminal activity, but as an interconnected and highly organized syste
20 hours ago4 min read
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