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Article: Plastic card fraud rockets overseas; ECONOMIC.(Business)
- Article from:
- The Birmingham Post (England)
- Article date:
- October 4, 2007
CopyrightCOPYRIGHT 2007 Birmingham Post & Mail Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Criminals have stepped up plastic card fraud this year by shifting their purchases overseas and using stolen or copied cards for internet, telephone and mail order shopping.
Fraud committed overseas on UK-issued credit and debit cards jumped by 126 per cent in the first six months of this year to pounds 108.8 million, according to the payments organisation APACS.
This was offset only marginally by a four per ...