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Showing posts with the label embezzlement

FRAUD: assault against humanity

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Who am I? I am the victim of financial crime.  Why do I talk about it? Because it matters. Why does it matter?Because fraud can kill.  Scammers steal something more than money from their victims. They steal trust in people and in humanity. Victims end up trusting no one. There is a physical rape, and there is a psychological rape. What scammers do to their victims is a psychological rape, it is an assault.  FRAUD is an assault against humanity. 

Missing in Action: Mental Health Community Fails Fraud Victims

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Major fraud cases grab the headlines for a few days or weeks, then forgotten until the next one comes along. We never have to wait long. Media typically focuses on following the money, the colorful perpetrator and occasionally on the victims. Because no violence is used, there is some sort of collusion, and sometimes insurance, fraud appears to be a victimless crime. On the contrary, fraud victims are often devastated by their loses, blamed for their perceived collusion, secrecy, greed, lack of foresight, gullibility, stupidity and so on. Is that why is there so little support for fraud victims from the mental health community? Google help for victims of fraud and you will find various resources from police forces, governments, lawyers, accountants, and third parties who will help you navigate the legal system. Google psychological help for fraud victims and you get pretty much the same results but more along the lines of how to prevent people from falling for scams. Missing from...

Not Just a Financial Toll: Some Victims of Identity Theft Consider Suicide

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by  Herb Weisbaum   Identity theft can be more than a hassle — replacing credit cards, closing bank accounts, or changing passwords. But for some victims, it can be a life-altering experience that also causes serious emotional problems and can even drive some to consider suicide. “Some victims get very depressed. They feel shame and embarrassment. They feel extremely vulnerable,” Eva Velasquez, president and CEO of the non-profit Identity Theft Resource Center, told NBC News. “There are some really, really strong emotions that go along with this crime.” For its 10th annual  Identity Theft Aftermath report , ITRC surveyed 176 victims across the country to gauge the long-term impact of having their identity stolen. The top three financial impacts of identity theft were not being able get credit cards (38 percent), being denied a loan (34 percent) and being in debt as a result of the crime (28 percent). Physical and emotional consequences included stress, ...

Fraud victims

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We live in a society where everyone speaks about victims of violent crime, but no one pays attention to the victims of economic crime, and to the challenges they experience.  Victims of financial crime suffer from financial, emotional harm, and even medical problems relating to victimization. Every year, Million of people in the United States become victims of fraud crimes. Your trust in your own judgment and your trust in others is often shattered. You may feel a sense of betrayal, especially if the perpetrator is someone you know. You may have hesitated to tell family members, friends, or colleagues about your victimization for fear of criticism. If they then were exploited by the same fraud, you might feel guilty and suffer a sense of isolation. Fraud crimes can destroy financial security and someone's life in general. Becoming a victim of financial crime can be very dangeros . For some victims, it can be a life-altering experience that also causes serious emotio...