ABSTRACT

This chapter considers the diversity of frauds and victims. It shows there is a very wide range of frauds, which provides the basis for almost everyone in society to become a potential victim. The chapter turns to a consideration of fraud victim profiles and what the research currently asserts, highlighting the vulnerability of some segments of society who are more likely to fall victim to certain frauds. It also explains the stereotypes surrounding victims of fraud, in that they are generally older and that they are uneducated. There are a wide variety of frauds and scams which centre on investments. The growth of the internet and the establishment of sales platforms such as eBay and Gumtree have particularly facilitated the opportunities for growth in the types of frauds and, in terms of volume, they are one of the most popular consumer frauds. Another very common variety of frauds is linked to prizes and grants.