If there had been some sort of bounty to citizens for uncovering fraud, this Somali mass fraud would have easily been uncovered years ago. Especially if the bounty was based on a percentage of the size of the fraud. Such a simple thing could have saved billions.

If you look at for example Polymarket, random citizens spend a large amount of energy and focus on acquiring insight about various things. This energy potential could have easily been used to fight fraud as well, if just there was more of an incentive.

If you look at for example Polymarket, random citizens spend a large amount of energy and focus on acquiring insight about various things. This energy potential could easily be used to fight fraud as well, if just there was more of an incentive. And in this case the fraud is so simple that pretty much anyone with sufficient incentive could have uncovered it.

If you look at for example Polymarket, random citizens spend a large amount of energy and focus on acquiring insight about various things. This energy potential could easily be used to fight fraud as well, if just there was more of an incentive. And in this case the fraud is so simple that pretty much anyone with sufficient incentive could have uncovered it.