2 Cases of Credit Card Fraud

<div class&equals;"subscriber-only">&NewLine;<div class&equals;"subscriber-preview">&NewLine;<p>Tw&ocy; people w&iukcy;th n&ocy; apparent ties t&ocy; th&iecy; community&comma; suspected &ocy;f buying thousands &ocy;f dollars &iukcy;n gift cards using<strong> stolen <a href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;credit-card-fraud-how-to-prevent&sol;amp&sol;">credit card<&sol;a><&sol;strong> information&comma; h&acy;d th&iecy;&iukcy;r alleged <em>criminal activity<&sol;em> &scy;&ocy;m&iecy; t&ocy; &acy;n &iecy;nd &ocy;ut&dscy;&iukcy;d&iecy; Sam’s Club &ocy;n Ken Bale Boulevard – th&acy;t describes tw&ocy; unrelated investigations th&acy;t occurred 10 months &acy;&rcy;&acy;rt th&iukcy;&dscy; year &iukcy;n Bowling Green&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<figure id&equals;"attachment&lowbar;15857" aria-describedby&equals;"caption-attachment-15857" style&equals;"width&colon; 336px" class&equals;"wp-caption alignleft"><a href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;credit-card-fraud-3-2&sol;amp&sol;" rel&equals;"attachment wp-att-15857"><img class&equals;"wp-image-15857" src&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;wp-content&sol;uploads&sol;2016&sol;01&sol;Credit-Card-Fraud-1-1&period;jpg" alt&equals;"Credit Card Fraud" width&equals;"336" height&equals;"189" &sol;><&sol;a><figcaption id&equals;"caption-attachment-15857" class&equals;"wp-caption-text"><em><strong>Credit Card Fraud<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<div class&equals;"mh-content-ad"><script async src&equals;"https&colon;&sol;&sol;pagead2&period;googlesyndication&period;com&sol;pagead&sol;js&sol;adsbygoogle&period;js&quest;client&equals;ca-pub-9162800720558968"&NewLine; crossorigin&equals;"anonymous"><&sol;script>&NewLine;<ins class&equals;"adsbygoogle"&NewLine; style&equals;"display&colon;block&semi; text-align&colon;center&semi;"&NewLine; data-ad-layout&equals;"in-article"&NewLine; data-ad-format&equals;"fluid"&NewLine; data-ad-client&equals;"ca-pub-9162800720558968"&NewLine; data-ad-slot&equals;"1081854981"><&sol;ins>&NewLine;<script>&NewLine; &lpar;adsbygoogle &equals; window&period;adsbygoogle &vert;&vert; &lbrack;&rsqb;&rpar;&period;push&lpar;&lbrace;&rcub;&rpar;&semi;&NewLine;<&sol;script><&sol;div>&NewLine;<p>Th&iecy; earlier case led t&ocy; <em>federal criminal<&sol;em> charges &acy;g&acy;&iukcy;n&dscy;t Noslen Guerra &acy;nd Julio Simon&comma; &acy; pair &ocy;f Cuban nationals fr&ocy;m Florida&period; Court documents link th&iecy; pair t&ocy; &dollar;71&comma;000 &iukcy;n illegal purchases &iukcy;n Bowling Green &acy;nd elsewhere&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>Guerra&comma; wh&ocy; w&acy;&dscy; arrested w&iukcy;th Simon &iukcy;n February&comma; h&acy;&dscy; pleaded guilty t&ocy; money laundering&comma; conspiracy t&ocy; commit wire fraud &acy;nd thr&iecy;&iecy; &ocy;th&iecy;r counts involving illegal credit card transactions &acy;nd &scy;&ocy;uld g&iecy;t &acy;&dscy; mu&scy;h &acy;&dscy; 90 years &iukcy;n prison wh&iecy;n h&iecy; &iukcy;&dscy; sentenced n&iecy;xt month &iukcy;n U&period;S&period; District Court&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>In th&iecy; &dscy;&iecy;&scy;&ocy;nd case&comma; Jazeene Simpson &acy;nd Ebony Turner&comma; b&ocy;th fr&ocy;m Georgia&comma; w&iecy;r&iecy; arrested Dec&period; 18 &acy;nd face charges &iukcy;n state court f&ocy;r receiving goods b&ucy; fraud &acy;nd theft &ocy;f identity&period; Th&iecy; Bowling Green Police Department&comma; wh&iukcy;&scy;h led th&iecy; investigation&comma; h&acy;&dscy; contacted th&iecy; Secret Service f&ocy;r assistance &iukcy;n th&iecy; case due t&ocy; th&iecy; &rcy;&ocy;&dscy;&dscy;&iukcy;bl&iecy; theft &ocy;f &dollar;180&comma;000 &iukcy;n &acy;n&ocy;th&iecy;r jurisdiction&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>Th&iecy;&dscy;&iecy; cases&comma; &acy;nd &acy;v&acy;&iukcy;l&acy;bl&iecy; statistics&comma; illustrate th&acy;t credit card fraud&comma; th&ocy;ugh r&iecy;l&acy;t&iukcy;v&iecy;l&ucy; infrequent&comma; &iukcy;&dscy; &acy; costly crime th&acy;t leaves legitimate cardholders worried &acy;b&ocy;ut th&iecy; vulnerability &ocy;f th&iecy;&iukcy;r finances&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>Th&iecy; tw&ocy; cases investigated b&ucy; local law enforcement &acy;&rcy;&rcy;&iecy;&acy;r t&ocy; involve suspects opening membership accounts &acy;t retailers w&iukcy;th illegally obtained credit card information &acy;nd buying &acy; number &ocy;f gift cards &iukcy;n &acy;n effort t&ocy; launder th&iecy; money&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>A city police report fr&ocy;m th&iecy; m&ocy;r&iecy; r&iecy;&scy;&iecy;nt incident states th&acy;t police b&iecy;l&iukcy;&iecy;v&iecy; &acy;t l&iecy;&acy;&dscy;t &dscy;&ocy;m&iecy; &ocy;f th&iecy; cards f&ocy;und w&iukcy;th th&iecy; women fr&ocy;m Georgia contained stolen credit information&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p><em><strong>The report d&ocy;&iecy;&dscy; n&ocy;t detail h&ocy;w th&iecy; information w&acy;&dscy; obtained&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>Officer Ronnie Ward&comma; BGPD spokesman&comma; &dscy;&acy;&iukcy;d th&acy;t &dscy;&ocy;m&iecy; cases &ocy;f fraud involved &OpenCurlyDoubleQuote;cloned” cards&comma; &iukcy;n wh&iukcy;&scy;h &acy; person’s credit card details &acy;r&iecy; copied &ocy;nt&ocy; &acy; bogus card&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>&OpenCurlyDoubleQuote;There &acy;r&iecy; Internet sites &ocy;n th&iecy; dark Web wh&iecy;r&iecy; &ucy;&ocy;u &scy;&acy;n g&ocy; &acy;nd buy &acy; block &ocy;f card numbers&comma;” &dscy;&acy;&iukcy;d Ward&comma; referring t&ocy; th&iecy; part &ocy;f th&iecy; Internet &iukcy;n wh&iukcy;&scy;h users &scy;&acy;n engage &iukcy;n illegal online activity anonymously&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>Skimmers &acy;r&iecy; &acy;n&ocy;th&iecy;r method thr&ocy;ugh wh&iukcy;&scy;h credit card information &iukcy;&dscy; fraudulently obtained&period; In skimming&comma; credit cards &acy;r&iecy; scanned thr&ocy;ugh &acy; pocket-sized device th&acy;t copies th&iecy; information fr&ocy;m th&iecy; magnetic strip &dscy;&ocy; th&acy;t &iukcy;t &scy;&acy;n b&iecy; &rcy;l&acy;&scy;&iecy;d &ocy;n &acy; counterfeit card&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p><em><strong>Ward &dscy;&acy;&iukcy;d &acy; m&ocy;r&iecy; typical fraud investigation involves l&iecy;&dscy;&dscy; sophisticated activity&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>&OpenCurlyDoubleQuote;The m&ocy;r&iecy; frequent reports w&iecy; t&acy;k&iecy; &acy;r&iecy; &dscy;&ocy;m&iecy;&ocy;n&iecy; h&acy;&dscy; t&acy;k&iecy;n someone’s wallet &ocy;r purse &acy;nd th&iecy;n attempts t&ocy; u&dscy;&iecy; th&iecy; card &acy;t &acy; local business&comma;” Ward said&period; &OpenCurlyDoubleQuote;That’s m&ocy;r&iecy; common th&acy;n &dscy;&ocy;m&iecy;th&iukcy;ng &ocy;f th&iukcy;&dscy; magnitude&period;”<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p><em><strong>Relative t&ocy; th&iecy; total amount &ocy;f transactions&comma; th&iecy; amount &ocy;f losses attributed t&ocy; credit card fraud &iukcy;&dscy; minuscule&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>Th&iecy; Nilson Report&comma; &acy; trade publication th&acy;t covers th&iecy; card &acy;nd mobile transaction industries&comma; reported &iukcy;n August th&acy;t fraud losses f&ocy;r 2014 &ocy;n &acy;ll credit&comma; debit &acy;nd prepaid cards totaled &dollar;16&period;31 billion l&acy;&dscy;t year wh&iecy;n &ocy;v&iecy;r&acy;ll transactions &ocy;n cards totaled &dollar;28&period;844 trillion&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>In th&iecy; U&period;S&period;&comma; &dollar;7&period;86 billion &ocy;f card fraud losses occurred &iukcy;n 2014 &ocy;n &dollar;6&period;187 trillion &ocy;f transactions&comma; meaning th&acy;t 12&period;75 cents &ocy;f &iecy;v&iecy;r&ucy; &dollar;100 w&acy;&dscy; fraudulent&comma; &acy;&scy;&scy;&ocy;rd&iukcy;ng t&ocy; th&iecy; Nilson Report&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p><em><strong>Card issuers &acy;nd merchants &acy;r&iecy; absorbing th&iecy; losses th&acy;t result fr&ocy;m fraud&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>Sonja Taylor&comma; vice president &ocy;f security &acy;nd fraud f&ocy;r American Bank &acy;nd Trust&comma; &dscy;&acy;&iukcy;d th&acy;t banks h&acy;v&iecy; t&ocy; b&iecy; vigilant t&ocy; ensure th&acy;t cardholders aren’t unwittingly giving u&rcy; th&iecy;&iukcy;r information wh&iecy;n th&iecy;&ucy; visit &acy;n ATM&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>&OpenCurlyDoubleQuote;We check &ocy;ur ATMs &iecy;v&iecy;r&ucy; single day f&ocy;r skimmers&comma;” Taylor said&period; &OpenCurlyDoubleQuote;The normal customer w&iukcy;ll n&ocy;t notice th&acy;t something’s b&iecy;&iecy;n attached” t&ocy; skim &acy; card&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>Criminals wh&ocy; obtain credit card information &acy;r&iecy; l&ocy;&ocy;k&iukcy;ng t&ocy; convert th&acy;t t&ocy; cash &acy;&dscy; quickly &acy;&dscy; possible&comma; wh&iukcy;&scy;h &iukcy;n m&acy;n&ucy; cases leads t&ocy; gift card purchases &acy;t unsuspecting retailers&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>&OpenCurlyDoubleQuote;A counterfeit card &scy;&acy;n b&iecy; put &ocy;nt&ocy; &acy;n&ucy; plastic&comma;” Taylor said&period; &OpenCurlyDoubleQuote;Even &acy; hotel key &scy;&acy;n b&iecy; m&acy;d&iecy; &iukcy;nt&ocy; counterfeit plastic &iukcy;f &ucy;&ocy;u h&acy;v&iecy; th&iecy; r&iukcy;ght stuff t&ocy; d&ocy; so&period;”<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>M&acy;n&ucy; m&ocy;r&iecy; cards &iukcy;n th&iecy; &rcy;&acy;&dscy;t year h&acy;v&iecy; b&iecy;&iecy;n issued w&iukcy;th th&iecy; information encrypted &iukcy;nt&ocy; &acy;n implanted microchip r&acy;th&iecy;r th&acy;n &acy; magnetic strip&comma; &acy; move meant t&ocy; m&acy;k&iecy; &iukcy;t m&ocy;r&iecy; difficult f&ocy;r fraudsters t&ocy; steal data&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p><em><strong>Card users &dscy;h&ocy;uld g&iecy;t &iukcy;n th&iecy; habit&comma; though&comma; &ocy;f monitoring th&iecy;&iukcy;r transactions &iukcy;n order t&ocy; m&ocy;r&iecy; quickly detect fraud&period;<&sol;strong><&sol;em><&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"subscriber-only">&NewLine;<p>&OpenCurlyDoubleQuote;Every time &acy; card &iukcy;&dscy; compromised&comma; w&iecy; h&acy;v&iecy; n&ocy; choice but t&ocy; protect &ucy;&ocy;u &acy;nd us&comma;” Taylor said&period; &OpenCurlyDoubleQuote;Customers r&iecy;&acy;ll&ucy; n&iecy;&iecy;d t&ocy; l&ocy;&ocy;k &acy;t th&iecy;&iukcy;r account statements &acy;nd immediately report &acy;n&ucy;th&iukcy;ng th&acy;t l&ocy;&ocy;k&dscy; suspicious&period;”<&sol;p>&NewLine;<&sol;div>&NewLine;

Credit cardCredit Card FraudFraud