For every card fraud that is reported, a further 8 attempted frauds go unreported

The most comprehensive picture of card fraud in the UK has been revealed as experts in the fight against credit card crime reveal the true extent and nature of the problem facing innocent consumers and retailers. New research published by The 3rd Man and 192business.com identifies where the major card fraud hotspots are throughout the UK and reveals exactly how card criminals ply their trade. Fraudulent credit card activity in the UK is over half a billion pounds. Furthermore, for every fraud that is reported, a further 8 attempted frauds go unreported and ignored by both law enforcement and the banks. However, with fraudsters finding ever more sophisticated and cunning ways to steal our personal details, this latest research by the 3rd Man and 192business.com show exactly where and how such fraud is perpetrated.... [read full story]