No menu items!

Men are vast majority among financial fraud victims in Brazil – CVM study

RIO DE JANEIRO, BRAZIL - A study by Brazil's Securities and Exchange Commission (CVM) found that men are the main victims of financial scams, and they occur mainly with cryptocurrencies through WhatsApp.

The study was conducted by the institution's Center for Behavioral Studies and Research (CECOP) and interviewed 1,002 people. Of these, 178 said they had been victims of financial fraud.

According to the study, the group is made up of men (91%), aged between 30 and 39 (36.5%), with a monthly family income between 2 and 5 minimum wages (23%), and with a graduate studies degree . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content