Category Archives for "credit card fraud"

8 Biggest Credit Card Scams on Record

by Rebecca Black | creditreport.org

Financial scams can have far-reaching effects on businesses, industries, and societies, especially fraudulent activities that create entire meltdowns. Consumers have always put great faith in their plastic cards, which is apparent in statistics that claim credit card use has seen historical highs despite recession lows. The age of information has made credit card fraud a prime target, and consumers should be especially cautious with their credit card information. Luckily we can learn from past cases of fraud and credit card scams, on any scale or magnitude. Here are some of the biggest credit card scams on record thus far.Continue reading