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Fraud isn't African

Fraud is global.
Africa is just the easy target.
When fraud happens in the West, it’s “a loophole.”
When it happens in Africa, it’s “corruption.”
Same crime. Different PR team.
Enron.
2008 financial collapse.
Panama Papers.
FTX.
Not African.
Africa isn’t the motherland of fraud—
it’s the scapegoat in a system that refuses to look in the mirror.
Fraud isn’t African.
It’s human
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I very much disagree with the following quote
When fraud happens in the West, it’s “a loophole.”

No, we call it fraud all the time... I have a distant neighbor who hopefully will be going to jail for it (they allegedly stole from their employer, and I don't know them).

Though maybe you mean when a Western goes to Africa?

But the US had a freaking TON amount of fraud and sadly not nearly enough of it gets caught and convicted.