Fraud has increased tremendously in the society. what are the reasons for this and how can the menace be curtailed?

In recent times, fraudulent activities have spiked up greatly.
This
could be argued to be
as a result
of the quest to acquire wealth and material things without having to work for them.
This
essay will consider the possible reasons for the increase in
fraud
levels and identify the how to reduce the menace around the globe.
Firstly
, the decrease in social values has been identified as one of the reasons why youths engage in illicit wealth. Folks no longer worry about what their peers as well as religious leaders will say, when they are caught in unacceptable acts.
For example
, the Federal Bureau of Investigations reported that 80 Nigerians were arrested for unauthorised wires.
Consequently
, they were arrested and named.
Thus
creating a feud in the social media platforms as to why they had to enrich themselves fraudulently.
Also
, bad behaviours are easily learnt. Some good people get involved in
fraud
because of their associations. As an illustration, the Daily Times reported that 70 percent of cyber
fraud
fraudsters are members of the same social groups.
However
, some school of thoughts has a different view. They believe that the rate of unemployment and underemployment contribute significantly to the prevalence of
fraud
in the society.
For instance
, in Nigeria, unemployment has maintained a steady increase since 2014, rising as high as 30 percent. Certainly, people will have to find what to do to make ends meet. In summary, no one should thrive at the expense of other individuals. The society must find a way of discouraging
fraud
, either by rewarding good morals or via laws that will seek to criminalize fraudulent activities.
Accordingly
,
this
will help mitigate the incidence of
fraud
in the community.
Submitted by okwoliaromesamuel on

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