Monthly Archives: April 2008

Disposable Credit Card Numbers – Not All Bad

Posted on April 24, 2008 by Tom Mahoney

According to this company, e-commerce merchants can still do full manual fraud screening for on-line transactions. We’ll have to see if it works that way. Continue reading →

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“It’s worse than we thought”

Posted on April 23, 2008 by Tom Mahoney

The UK press is awash with the news that the fraud rate is higher than everyone thought. Continue reading →

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More Terrorist Funding by Credit Card Fraud

Posted on April 20, 2008 by Tom Mahoney

More terrorist funding by credit card fraud has been uncovered in Scotland. No arrests reported. Continue reading →

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Credit Card Fraud Funds Terrorist Activity

Posted on April 16, 2008 by Tom Mahoney

The Australian press is currently reporting the ongoing trial of numerous terrorist suspects in a credit card fraud ring. According to the testimony of one of the suspects, Izzydeen Atik, the stolen credit card information was used to fund terrorist … Continue reading →

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Merchant911 member uncovers a big scam

Posted on April 14, 2008 by Tom Mahoney

One of our Merchant911 members filed a fraud report that once again shows us that banks just don’t have a clue about fraud prevention. We’re not talking about a little bank here, folks. We’re talking about Washington Mutual – WaMu – one of the largest credit card issuers in the country. Continue reading →

Posted in credit card fraud, e-Commerce, fraud, fraud trends, merchant, Merchant911.org, profit from fraud | Tagged , , | 3 Comments