US Attorney Maria Chapa Lopez announces that Jose Ojeda Vera, 28, formerly of Tampa, Florida, has pleaded guilty to committing aggravated identity theft and conspiring to commit credit card fraud and identity theft. Vera faces a maximum penalty of five years in federal prison on the conspiracy charge, followed by two Read More
Tag: credit card fraud and identity theft
The Latest Credit Card Fraud Statistics and Insights
Credit card fraud statistics reveal that online and card-not-present fraud is expected to increase in the coming years.
By Kelsey Seidler
Despite the introduction of more secure chip technology (also known as Europay, Mastercard, and Visa, or EMV technology), credit card fraud remains a concern Read More
Many articles in the LPM Insider talk about EMV chip technology in credit cards and how this technology fights credit card fraud. While it’s true that the chips make it much more difficult for fraudsters to create counterfeit credit cards, has the technology caused a major decline in credit card Read More