Tag: card fraud
LP Hotlines Are Heating Up
Sarbanes-Oxley has turned the attention of top management to a loss prevention standard, the anonymous hotline.
Twenty years ago, the concept of providing an anonymous,...
Civil Recovery in the Sunshine State
Many people are familiar with civil recovery demands in Florida for $200 and use that amount as requested statutory damages for any civil shoplift...
Internet Fraud—How the Web Is Changing LP
The bust ended on a familiar enough note. At a dusty border crossing in San Ysidro, California, a young woman was recently arrested by U.S. postal...
Identity Theft – A Growing Epidemic of Fraud
The fastest growing financial crimes in America today are check fraud and identity theft. The Nilson Report estimates check fraud losses to be about...
Stopping Theft with the Click of a Mouse
Detecting internal theft at JCPenney has leap-frogged into the 21st century. Just five years ago, attempting to identify possible fraudulent refunds meant that every...