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Jul
30
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Fraud with Credit Cards Up?

The UK Cards Association has expressed concern this week that credit card fraud is up again despite the chip and pin system being fully implemented.  Data from their recent survey shows significant increases in the losses reported from card scams.  Credit card fraud shows a cost of £610 million in 2008, which is 43 percent more than 2006.  It also showed in the last year 2.8 million fraudulent payments...

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