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Financial fraud is reaching alarming levels, with global losses estimated at 442 billion dollars by 2025. Financial education remains essential for consumer protection.

Raluca Ioana Draghici
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11 May 2026, 17:44
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Current Affairs
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Financial fraud has reached an unprecedented level both in Romania and globally, with estimated losses of 442 billion dollars by 2025, according to the OECD.


The Deputy President of ASF, Gabriel Avrămescu, emphasized the importance of financial education as the first line of defense against this phenomenon, considering that 70% of jurisdictions have reported an increase in fraud cases. Threats include phishing, identity theft, and false investment schemes.


Cătălin Câmpeanu, Secretary General of ISF, highlighted the role of insurance agencies in consumer financial education, stressing the need for them to be well-prepared.


The OECD meeting dedicated to financial education recently took place in Bucharest, where strategies to combat fraud through education were discussed. Romania, as a member of INFE, benefits from international expertise to develop a national financial education strategy.

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NewMoney.ro
Economiile românilor, în pericol! Fraudele financiare au ajuns la un nivel fără precedent. Ce spun oficialii ASF că trebuie să facem
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Financial Intelligence
Fraudele financiare provoacă daune uirașe în România și în lume. Specialiștii ASF și ISF arată care este singura metodă pentru a ne proteja

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The ING SAFE Talks conference addressed methods of digital fraud and presented a national study on victims over the age of 50.
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The Romanian Police reports an increase in computer fraud through "vishing", where criminals manipulate victims into providing confidential information.
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Methods by which you can protect yourself from the increasingly common frauds promoted by scammers, via WhatsApp
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Two young Ukrainians detained for fraud in Bucharest. They claimed to be ASF employees.
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A young woman from Briceni, Moldova lost over 114,000 lei after being convinced to invest in false schemes.
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The Commission is preparing transparency rules for organizations that provide financial education
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