Maryland named third most 'fraud-ridden' state

April 06, 2011|By Luke Broadwater

Maryland earned a dubious distinction this week from the financial website 24/7 Wall St., when the site ranked our state third on its list of "America's 10 Most Fraud-Ridden States." 

With a rate of 491 complaints of fraud per 100,000 residents, Maryland outpaced -- get this -- Nevada (home of Las Vegas) and California (home of Hollywood) as a haven for scammers and rip-off artists. 

Only Florida (not surprising) and Colorado (surprising) were deemed more fraud-ridden. 

Apparently, our state excels at fraudulent debt collect, among other con jobs:

"Maryland had the second greatest level of fraud reports, excluding identity theft, with 408.4 complaints per 100,000 residents," the website reported.  "Alternately, the state ranks ninth for identity theft complaints, with 82.9 complaints per 100,000 population.  Maryland has the fifth highest rate of fraud regarding debt collection, 56.2 complaints per 100,000 population. Debt collection fraud is the most common type of complaint in the state – 3,243 complaints involved it last year."

Top 10 Most Fraud-Ridden States / fraud complaints per 100,000 residents 

10. Georgia - 419 
9. Alaska - 432
8. Delaware - 435
7. Washington - 435
6. California - 435
5. Arizona - 478
4. Nevada - 488
3. Maryland - 491
2. Florida - 492
1. Colorado - 497


 

 

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