New credit card fraud
Date: May 23, 2007Source: qas.co.uk
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.
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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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