One fraud case occurs every 24.7 minutes in Taiwan: MOI

Taipei--A total of 10,542 fraud cases were reported in Taiwan in the first half of the year, which translated into 58.2 cases per day and one per 24.7 minutes, according to government statistics released Saturday.

However, the incidence of fraud was less than in the same period last year, when one case per 24.4 minutes was reported, the Ministry of the Interior (MOI) said.

It said 21.3 percent of the cases in the first half of 2017 were imposter fraud, which was the most common type, while 16.8 percent were scams in which people were asked to cancel installment payments at ATM machines.

Of the 11,215 fraud suspects arrested between January and June, 71.3 percent were men and 73.8 percent were between 18 and 39 years of age, the ministry said.

In terms of occupation, 28.7 percent of the suspects were unemployed and 26.1 percent were working in the service sector, it said.

Meanwhile, the number of fraud victims totaled 17,012, with 50.7 percent being women and 38 percent in the 18 to 29 age bracket, according to the MOI.

There were 170.2 victims per 100,000 population in the 18-29 age group, and 93.78 victims per 100,000 population in the 30-39 age category, the ministry said.

It said that the victim rate was higher among young people because of greater use of mobile messaging apps in that demographic.

The majority of fraud victims -- 61.9 percent � were service-sector employees, jobless people and students, the MOI said.

The ministry said that while the number of reported fraud cases dropped from 23,612 in 2011 to 18,772 in 2013, it rose again in 2014 to 23,053 due to a prevalence of scams involving the chat app Line and mobile payment services for small amounts.

The number fell to 21,172 in 2015 amid efforts by the National Police Agency to curb fraud, but climbed again to 23,175 in 2016 because of an increase in imposter fraud and scams in which people were asked to use ATMs to cancel installment payments, according to the ministry.

Source: Focus Taiwan News Channel