A new study finds Texas ranks No. 3 for investment fraud losing $235 million in 2022. Nationally, a record $3.82 billion was stolen in 2022, up from $1.6 billion the previous year.
From large scale fraudsters such as Sam Bankman-Fried and Bernie Madoff, down to small time scammers in their basements, investment fraud has become the No. 1 type of fraud in America. The unprecedented rise is due to cr…