Economic downturn results in increased credit card fraud

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Economic downturn results in increased credit card fraud

Post: # 1579Post admin
Sat Feb 14, 2009 9:52 am

According to new research by card protection company CPP, there has been a 25 percent rise in credit card fraud during the economic downturn, with London maintaining its title as fraud capital. GrIDsure believes these latest figures prove it is time for the industry to stand up and finally take action rather than continually shift the blame.

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