Secure Internet League Proposes Fraud Victim Fund in Saratov

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During a gathering with youth in Saratov, Ekaterina Mizulina, the president of the Secure Internet League, proposed the creation of a dedicated fund to support people harmed by fraud. The proposal was reported by TASS.

She expressed a clear wish for the state to consider establishing a fund that not only curbs criminal activity but also assists those who have fallen victim. Mizulina highlighted that many individuals exhausted their savings, took loans, or resorted to microloans as a result of fraudulent actions.

She added that roughly nine out of ten fraud schemes rely on triggering emotional responses such as surprise and fear. Many people become ensnared by scammers due to ignorance, misplaced trust, and naivety. This observation reinforces her belief that preventive education should be intensified, reaching the population to improve financial resilience and awareness.

Earlier, Elman Mehdiyev, founder of the Credcheck service and a member of the Supervisory Board of the Association for the Development of Financial Literacy, noted that one of the biggest mistakes by bank card owners is sharing card details with relatives or friends. This lapse in security habits often opens the door to fraudulent activity and account compromise.

In related industry developments, scammers have continued to innovate, including new schemes involving SIM cards designed to intercept or hijack communications and payments. Experts stress that awareness, clear guidelines, and swift reporting are essential to reduce harm and protect consumers.

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