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New credit card fraud

Date: May 23, 2007
Source: qas.co.uk


A new credit card scam has struck restaurants across the UK, highlighting the importance of maintaining a high level of identity authentication.

Fraudsters have managed to use credit card details harvested from a fake website and appear to be using the proceeds to run up massive bills at restaurants. One London outlet has lost as much as 10,000 supplying food and drink that was paid for on the fraudulent cards.

The problem demonstrates how important it is for banks to do all they can to prevent credit card fraud by ensuring a high level of data quality and maintaining good identity authentication systems.

However, Early Warning managing director, Andrew Goodwill, warned that consumers should also do their part to try to prevent becoming victims of credit card fraud.
Original article



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2007-05-26 14:56:08 - http://news-credit.blogspot.com eadhab12
2007-05-25 02:24:12 - resopected sir, i am a student doing... H R MEENA
2007-05-24 10:58:30 - Fraud crimes will continue to grow until... Roger
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