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View Full Version : Credit card fraud soars by more than 50% - Times LIVE



FraudNews
12-08-2011, 03:48 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEkCs18-NWRTSF9j6ZtHCx2F2x-LQamp;url=http://www.timeslive.co.za/thetimes/2011/12/07/credit-card-fraud-soars-by-more-than-50img src=http://nt2.ggpht.com/news/tbn/ruYdOd7mrR7ApM/0.jpg alt= border=1 width=80 height=67 /br /font size=-2Times LIVE/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEkCs18-NWRTSF9j6ZtHCx2F2x-LQamp;url=http://www.timeslive.co.za/thetimes/2011/12/07/credit-card-fraud-soars-by-more-than-50bCredit card bfraud/b soars by more than 50%/b/abr /font size=-1bfont color=#6f6f6fTimes LIVE/font/b/fontbr /font size=-1Banks#39; financial losses from credit card bfraud/b have increased by 53% this year to R403.15-million, the South African Banking Risk Information Centre said yesterday. Sabric CEO Kalyani Pillay said the increase in losses had to be understood in the b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH1FdNA1yeP4fMNnixzqk rWu9altgamp;url=http://www.businessday.co.za/articles/Content.aspx?id%3D160645bFraud/b losses rocket as banks grow credit card markets/afont size=-1 color=#6f6f6fnobrBusiness Day/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFwU3d0VHSf6eazfMG9se VPtS1TxQamp;url=http://www.news24.com/SouthAfrica/News/Credit-card-fraud-nearly-doubles-20111207Credit card bfraud/b nearly doubles/afont size=-1 color=#6f6f6fnobrNews24/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFEFFx5Kc0VfIYMKlZpAn YjYA2HCAamp;url=http://www.iol.co.za/news/south-africa/western-cape/credit-card-fraud-up-by-108-1.1194119Credit card bfraud/b up by 108%/afont size=-1 color=#6f6f6fnobrIndependent Online/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF9liVSQvsp3G6KR0Dddv 4mXTuJkgamp;url=http://www.businesslive.co.za/personalfinance/2011/12/07/credit-card-fraud-jumps-53-to-r403.15mnobrBusinessLIVE/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH_nl5Q92lZD18GbktpoT hvLkOw6Aamp;url=http://www.citizen.co.za/citizen/content/en/citizen/local-news?oid%3D245121%26sn%3DDetail%26pid%3D146826%26C redit-card-fraudsters--feast-on--banking-industrynobrCitizen/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHVx4UDizwj505yP9_TFD BovVZP7wamp;url=http://www.itweb.co.za/index.php?option%3Dcom_content%26view%3Darticle%26 id%3D49960:credit-card-fraudsters-hit-it-big%26catid%3D118nobrITWeb (blog)/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=drnqnKCn4bmBOSMRVIEq K-EVtq4JMnobrball 18 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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