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Stock impact report

The most common travel scams in 9 global cities [MSNBC.com]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: MSNBC.com
Many travel fraud complaints involve travel and tour agencies, according to the Mastercard Economics Institute.Martin-dm | E+ | Getty ImagesCNBC TravelThe most common travel scams in 9 global citiesPublished Mon, May 19 2025Bella Stoddart@/in/bella-stoddartMonica Pitrelli@MonicaPitrelliWATCH LIVEKey PointsBut common scams vary by city, with taxi and car rental problems comprising the majority of reported cases in cities like and Jakarta, Indonesia, the report showed.In this articleThe travel industry is one of the sectors most susceptible to fraud, with scams rising 18% during the summer peak season and 28% in the winter peak season in 2024, according to a new report.The report, published last Tuesday by the Mastercard Economics Institute, showed that fraud related to travel agency and tour company bookings is more than four times higher than the fraud average of other industries."Once paid, the tour may either never occur or be drastically different from what was promised," it said. Show less Read more
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