This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
08/25/2020
15 Disturbing Credit Card Fraud Statistics
CardRates.com
Credit card fraud is the most common type of identity theft, according to a 2020 Federal Trade Commission report. This type of fraud typically entails someone taking over a person’s existing credit card accounts and charging without permission or opening new accounts using someone else’s personal financial information.
In both cases, the crook escapes with the goods and the consumer is left dealing with the credit, financial, and psychological damage.
Protecting your credit card accounts and personal identity is imperative, and it begins with education. Here are 15 disturbing credit card fraud statistics to get you started.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information