Here is a very good podcast on the topic: Scam, Inc. https://www.economist.com/a...

Here is a very good podcast on the topic: Scam, Inc.

Some highlights

- There are estimated to be 500,000 people working globally as scammers

- It is mostly Chinese Triad led industry

- It is geopolitical: for the government of China it is ok, even desirable, that Americans get scammed

- $1T figure must be too high, as criminal experts estimate the whole global industry to be $200B - $500B