What are the top countries that produce the most CC fraud?
I saw an news article a while back saying that 90% of the fraud came from 3 or so coutries. Does anyone have the link or remember the countries?
thanks
I would think the most stolen CC's would be from the US, but the majority of the people that do it from other countries or use proxies from other countries.
Originally posted by JulianSosa I saw an news article a while back saying that 90% of the fraud came from 3 or so coutries. Does anyone have the link or remember the countries?
thanks
The countries where the crooks are from or the countries where the credit card are from?
Originally posted by arial I would think the most stolen CC's would be from the US, but the majority of the people that do it from other countries or use proxies from other countries.
For stolen cards, yes, most of guys are outside the U.S. because inside the U.S. credit card fraud will earn you a nice prison sentence.
For legitimate surfer chargebacks, the U.S. is probably leader.
Alot of US cardholders are victiums of fraud, yes. But what matters is where the fraud is bring done from.
And most cards used in fraudlant orders are used from overseas and they belong to American cardholders. This is simply because Americans have more credit cards than the rest of the world combined. The average family has four cards, I head - not counting debit and ATM cards.
But that is only because US citiziens are far too careless with thier private information, far too stupid to safegaurd it and volunteer thier information far too easily.
I ordered a phone line the other day, and they wanted my social security number. And I said "No." She said I have to give it out. And I said "No I dont, and you have to provide me service". She put me on hold and got a supervisor.
It was clear that no one - out the thousands of calls that rep had taken in the course of her employment - had ever refused to give that to her.
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