Pre-paid card now a favourite with scammers

Crooks no longer choose cash as their preferred method of payment; instead, they prefer to get paid via prepaid cards. Scammers are now using debit cards that are preloaded in order to steal money away from consumers according to a new survey released this past week by the nonprofit Consumer Federation of America consumer group. […]

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Incidents of fraud rise by 10% in 2011

The Fraud Prevention Service, has recently released information that showed last year fraud increased by nearly 10 percent. Nearly 240,000 cases of fraud were reported last year which has the highest number that has ever been recorded in the country. The statistics have shown that the vast majority of fraud that is occurring is identity […]

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