Debit card fraud increasing
January 4, 2011
Total Loss:
Unknown
Credit or debit? Millions of Canadians make that payment decision every day without considering the inherent risks involved in the choice. While most consumers are familiar with the consequences of having their credit-card information lost or stolen, Bruce Cran says far too few are aware of the dangers of debit-card fraud. “There seems to be an aggressive amount of [debit-card fraud] and we’re getting calls on it, a lot of calls,” the president of the Consumers Association of Canada said in an interview, noting that many of the complaints his group receives are from people who have had their accounts compromised without their cards ever being out of their possession. “That could be due to all sorts of things, but it is on the increase.”
Source:
Vancouver Sun
Posted in:
Debit Card Fraud