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Travel Industry

Travel Industry

Pages 31 Pages

When it comes to the travel industry, neither the consumers nor the travel businesses are safe from fraudulent activities. Even during the novel Coronavirus pandemic when travel activities are limited, fraudsters still find a way to scam those abroad. Amid COVID"19, the Federal Trade Commission (FTC) has received more than 5,000 complaints related to the travel industry. These frauds caused losses of almost $8 million. Whether it is hotel reservations or ticket bookings, the travel industry is exposed to various types of frauds.

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