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Economics4h 7m ago
Online scams currently act as a hidden tax on the digital economy, impacting both those who lose money and others through increased costs for businesses.
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Minnehaha County, South Dakota; Fargo-Moorhead; United States
Who
Baishali Rahman, Minnehaha County Sheriff’s Office, South Dakota Unified Judicial System, American households
What
Online scams currently act as a hidden tax on the digital economy, impacting both those who lose money and others through increased costs for businesses.
When
Sat, 13 Jun 2026 07:02:54 GMT · 4h 7m ago
Where
Minnehaha County, South Dakota; Fargo-Moorhead; United States ·
Why
A fraudulent traffic notice, claiming to be from the Municipal Court of Minnehaha County, North Dakota, highlighted a larger issue of online scams and their economic repercussions.
The Frontline Impact
How this affects you
The hidden 'tax' of online scams, costing Americans nearly $18 billion in 2025, disproportionately burdens lower-income households and drives up costs for everyone through higher prices and delayed services, necessitating combined efforts from users, service providers, and institutions to mitigate.
Story chain
2 events in this thread- Economics4h 7m agoAmericans lost nearly $18 billion to cyber-enabled fraud and scams in 2025, with nearly 73% of U.S. adults reporting having experienced an online scam or attack.Open article
- Currently Reading4h 7m agoOnline scams currently act as a hidden tax on the digital economy, impacting both those who lose money and others through increased costs for businesses.