Hundreds of thousands of people scammed out of what amounts to billions of dollars every year
Every year, hundreds of thousands of people are scammed out of what amounts to billions of dollars. 34-year-old scientist Ilya Fomin is among them. He lost more than two thirds of the money he'd saved for a new home. The government has today outlined new obligations on banks and other industries to detect and prevent the kind of scam he fell for.
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