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Financial scams are among the most common crimes. For example, in 2023, 15% of Americans said at least one member of their household had fallen prey to one, including 8% reporting that it had happened to themselves personally. (The latter figure translates into roughly 21 million U.S. adults.)

So we at Bored Panda decided to expand on the issue and asked our readers on Facebook to share what they believe to be the biggest frauds in the history of mankind. From the diamond industry to double taxation, here are the most popular answers that we've received.

#1

27 People Share The Biggest Scams In History That Are Still Up To This Day Millionaires running their companies into the ground, filing for bankruptcy, then rinse and repeat.

Susan McKissick Smith Report

#2

27 People Share The Biggest Scams In History That Are Still Up To This Day Tax breaks for the wealthy

Sabrina Toupe Report

#3

27 People Share The Biggest Scams In History That Are Still Up To This Day At this point in time subscription services. Everything is that way now and the monthly fees for each item adds up.

Melissa Ryan Report

#4

27 People Share The Biggest Scams In History That Are Still Up To This Day Privatized healthcare

Jennie Thurber Report

#5

27 People Share The Biggest Scams In History That Are Still Up To This Day Hospital car parking fees

Sharon Kaye Boskovich Report

#6

27 People Share The Biggest Scams In History That Are Still Up To This Day Mega churches

B-Rad Carithers Report

#7

27 People Share The Biggest Scams In History That Are Still Up To This Day That if we work hard we'll be able to live comfortably!! afford to buy a house, car, and holidays, when the reality is we can barely afford food and energy

Vicky Mckenna Report

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#8

27 People Share The Biggest Scams In History That Are Still Up To This Day The trickle down effect

Lisa B. Whitaker Report

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#9

27 People Share The Biggest Scams In History That Are Still Up To This Day Without a doubt: Religion

Petter Jakobsson Report

#10

27 People Share The Biggest Scams In History That Are Still Up To This Day Health insurance

Carla Pickering Ochrin Report

#11

27 People Share The Biggest Scams In History That Are Still Up To This Day That the rich deserve or are entitled to obscene wealth and privilege

Sean Morrissey Report

#12

27 People Share The Biggest Scams In History That Are Still Up To This Day Insurance of any kind. You use it, the rates go up. You don’t use it, the rates go up

Tina Placek-Pelot Report

#13

27 People Share The Biggest Scams In History That Are Still Up To This Day The idea that one group of people is innately better than another group of people

Rebecca Furtado Report

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#14

27 People Share The Biggest Scams In History That Are Still Up To This Day The diamond industry. Super corrupt and monopolized. Diamonds are great, but it's time to step away from them being the coveted stone.

Sol-leks Swearingen Report

#15

27 People Share The Biggest Scams In History That Are Still Up To This Day Government works for the people

Brenda Kiehlmeier Report

#16

27 People Share The Biggest Scams In History That Are Still Up To This Day Schooling, judging by the number of people who "did their own research" with their conspiracy theory articles

J.J. Chien Report

#17

27 People Share The Biggest Scams In History That Are Still Up To This Day The banking system, particularly loans and especially mortgages. Diabolical, evil, criminal, sinful

Dane Douglas Report

#18

27 People Share The Biggest Scams In History That Are Still Up To This Day The 40 hour work week

Destiny Lee Shastel Anderson Report

#19

27 People Share The Biggest Scams In History That Are Still Up To This Day Job agencies. The get about $5 an hour of your pay for you doing the same and more if you went for a job without them. It’s a dam wall restricting jobs and have removed all Human Resources from companies to help the employer to get away with treating people like s**t.

Paul Kinder Report

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#20

27 People Share The Biggest Scams In History That Are Still Up To This Day the importance of politicians

Aleksandar Stojanovic Report

#21

27 People Share The Biggest Scams In History That Are Still Up To This Day Interest and credit scores.

Dani Renfro Report

#22

27 People Share The Biggest Scams In History That Are Still Up To This Day Adulting, it's really not all it's cracked up to be

Suzanne McAleese Report

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#23

27 People Share The Biggest Scams In History That Are Still Up To This Day Work / life balance

R.H. Rhino Report

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P Peitsch
Community Member
1 month ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

Let me tell you. Working weekly 39 hours in gastronomy, what is in the USA is a big NO! NO! NO!. That's the work/ life balance even, these 39 hours weekly seems too much So we are seeking to reduce them to a weekly 4 workinng days/ 3 ftee, without any paycut

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#24

That the meek shall inherit the earth. Nope, it's the most aggressive who shout loudest who get what they want.

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#25

27 People Share The Biggest Scams In History That Are Still Up To This Day Double taxation. I get being taxed for roads, services and schools (can’t have roads if there’s no money to build them and can’t have schools and teachers if no one pays for that) but we are taxed on our income, fine. Then with the money we got left over, we get taxed again on anything we buy that isn’t groceries. Buy a used car, that tax has already been paid but they tax each new owner for the same car.

Rachel Pitre Report

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#26

27 People Share The Biggest Scams In History That Are Still Up To This Day Having to buy water to drink something that's already natural but it was never originally owned by anyone

Katherine Lloyd Report

#27

27 People Share The Biggest Scams In History That Are Still Up To This Day Anyone thinking they “own” land or homes. Try not paying your taxes and see how that goes. We are renting everything from the government

Denise Knickerbocker Report

#28

27 People Share The Biggest Scams In History That Are Still Up To This Day College

Marianne Sloan Hoffman Report