Which of the following is NOT one of the basic sources of fraud statistics?

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The correct answer is media outlets, as they are not considered one of the basic sources of fraud statistics. While media outlets may report on instances of fraud and raise awareness through news stories or investigative reports, they typically do not compile or conduct systematic research to generate comprehensive statistical data on fraud occurrences.

On the other hand, government agencies, insurance companies, and researchers are critical sources of fraud statistics. Government agencies often maintain databases regarding criminal activities, including fraud, and may conduct studies such as the National Crime Victimization Survey to quantify the prevalence of various types of crime. Insurance companies collect data on claims related to fraud, which helps them understand the patterns and prevalence of fraudulent activities in their specific sectors. Researchers engage in studies and analytical reporting, producing published data that can help organizations and the public better understand the nature of fraud, its impact, and trends over time. Therefore, while media outlets can provide valuable information and coverage of fraud incidents, they do not serve as foundational statistical sources in the same way that the other entities do.

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