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Experian has noted that credit card fraud is the most common form of personal financial fraud. Statistics say that 47 percent of adults in the United States have reported being victimized by a fraudulent purchase on their credit or debit card, and that percentage is predicted to rise.
Because the retail industry relies so heavily on credit transactions, it is particularly affected by credit card fraud scams.
On November 3rd a Cuban immigrant legally residing in Texas was convicted for his part in a massive retail credit card fraud scheme involving...