Credit Card Fraud Grows in Latin America

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Wednesday, July 1, 2009
Author: 
Bruce Zagaris
Volume: 
11
Issue: 
7
283
Abstract: 
In 1994, credit card fraud, which has long been a problem and a growth industry in the United States, has started to accelerate in Latin America. The magazine Semana reported that more than US$4.9 million were stolen in 1994 by virtue of credit card fraud, a 43% increase over 1993...(more)