Interpol operation involving 40 countries seizes $440 million from romance, BEC and other frauds
Scams or Fraud – Is there a difference? I’ve heard some people believe that these terms have legal significance. To prove fraud, of course, requires that the perpetrator did it intentionally, that it was not a mistake for example. Normally that isn’t too hard to prove. I suspect that the term “scams” developed as a shorthand and suggests that they have a lesser significance. But for my purposes they are the same, and the term scams is not meant to downplay the seriousness of the activity.


