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There was a running total of $18.5 B in fraud from inductees. That’s about half of the size of card fraud. Maybe 2% of worldwide fraud.
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Is "30 under 30" one of those schemes that require people to put themselves forward and maybe pay a fee? I've seen a bunch of "awards" (particularly for companies) that follow the same model.
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Some might say a list of "30" that in fact includes thousands of people every year is itself a bit fishy.
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