16 Apr
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 activities; primarily cell phone SIM cards and airline tickets.
This is nothing new, of […]
Posted in credit card fraud, fraud, fraud trends, profit from fraud by: Tom Mahoney
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14 Apr
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.
Posted in Credit card, Merchant911.org, credit card fraud, e-Commerce, fraud, fraud trends, fraudulent use of cards, merchant, profit from fraud by: Tom Mahoney
3 Comments
06 Apr
The 2007 IC3 report has been released. It amounts to nothing more than an attempt to justify the existence of a Government agency.
Posted in fraud, fraud trends, fraudulent use of cards, government accountability by: Tom Mahoney
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