Print ISSN: 2155-3769/2689-5293 | E-ISSN: 2689-5307

Psychological and Societal Impacts of Fraud and Deception

Ekwealor ABC, Elena Kowalczyk, Wei-Lin Chen

Fraud and deception have significant psychological and societal impacts, affecting both individuals and communities. This study explores the emotional and financial repercussions faced by victims of fraud, while also examining the broader implications for social trust and economic stability. By analyzing case studies and survey data, we aim to understand the mechanisms through which fraudulent activities proliferate and the coping strategies employed by victims. The findings suggest that increased awareness and preventive measures are crucial in mitigating the negative effects of fraud. This research contributes to the development of effective policies and interventions to combat deception and support affected individuals.

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