Counterfeiting, fraud and related crimes pose significant challenges to virtually every industry. Listed below are facts and figures that highlight specific challenges that face the travel & entertainment sector.
- Airline fraud is costing the industry over US$600 million a year according to a recent survey by Deloitte and the IAAIA (International Association of Airline Internal Auditors). Fraud has increased five-fold since the last in-depth study of the industry six years ago.
- 79% of airlines participating in the survey have experienced fraud in the last 12 months, with the average airline losing US$3 million a year.
- In September of 2006, The Wall Street Journal estimated the 2005 secondary market for entertainment tickets to be $5 billion.
- Worldwide, instant gaming ticket sales are projected to grow to $70 billion by 2010, up from $41 billion today.
- In advance of the 2006 World Cup, The Swedish Soccer Association, SvFF, reported there were several thousand fake applications for Swedish world cup tickets.
- As of June 9, 2006, prior to the World Cup finals, FIFA said World Cup ticket fraud had already cost fans almost 100,000 euros in Germany alone.