to know more about what the FBI is doing, big picture, to
protect you and your family against fraud? Everything from
corporate greedsters to financing and insurance con men? From
criminal telemarketers to medical scams?
not realize that over one-third of FBI convictions and pre-trial
diversions last year-over 6,000!-fell in the area of white
a small thumbnail sketch of the final statistics from 2002
in just five of our different program areas, with links inside
our site to find out more:
and Commodities Fraud which include corporate accounting
fraud, high yield investment fraud, Internet investment fraud,
Ponzi schemes, broker fraud, and market manipulation fraud.
2002, we opened over 50 corporate fraud cases in just 9
months-now we have 127 major cases under investigation,
16 of them with losses of over $1 billion and 40 cases with
losses of over $100 million. If you count the smaller cases
too, we have over 1,200 securities fraud cases under investigation.
year we established a Corporate Fraud Hotline-please call
it if you have information to report: 888-622-0117
Care Fraud, involving doctors, pharmacists, medical equipment
companies.and hurting not just your pocketbook, but your health-and
please remember that annual losses to the government and health
insurers from these scams continue to exceed $100 billion.
year alone, we were actively investigating some 2,400 cases-we
secured 551 convictions or pretrial diversions-and recovered/restituted/settled
suits for some $1 billion.
Institution Fraud, which includes loan fraud, mortgage
fraud, identity theft, counterfeiting, and check/credit card
year alone, we were actively investigating some 7,300 cases-we
secured 2,397 convictions or pretrial diversions-and recovered/restituted
some $2 billion.
Fraud, which either sells you insurance that doesn't actually
exist.or diverts your legitimate premiums into someone else's
pocket, to the tune of $67 billion lost last year in fraudulent
year alone, we were actively investigating some 400 cases;
secured 161 convictions or pretrial diversions; and recovered/restituted
Fraud, which uses telephone solicitation to promise cash,
cars, and prizes that never materialize.often preying on senior
citizens and bilking them of their life savings.
year alone we were actively investigating some 351 cases;
secured 119 convictions or pretrial diversions; and recovered/restituted
does the FBI advise if you think you're victim of a fraud?
When in doubt, use the tip line! For corporate fraud, 888-622-0117.
For Internet fraud, go to the Internet
Fraud Complaint Center. For any other tip, go to tips.fbi.gov.