The FBI has declared the fraudulent American citizen Enemy Number 1.
Corporate fraud and mortgage fraud are occupying all of the FBI's time. Instead of catching terrorists, they are investigating 2,500 fraud cases. It leaves me to wonder how much money has been taken in these cases. How much more is it costing the government to investigate these cases than fighting more violent threats such as terrorists, gangs, and drugs? White-collar crime is often referred to as victimless crime. But are victims here? The American taxpayer whose money was swindled, who have lost savings? Or is taking the focus off of the violent criminals worse?
I, for one, think it's good to crack down on fraud. I think it's a much more insidious type of crime. No, it doesn't kill people, but it can take away someone's livelihood and ability to support themselves. A lot of frauds target the elderly, whose savings are often their main or sole support. This week I discovered they're targeting job hunters as well. I had someone try and catch me up with a job offer that was full of money fraud red flags.
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