U.S. warns on credit card fraud

Fri, Jul 18th 2014, 12:47 AM

The U.S. Embassy in Nassau is warning its citizens living in and traveling The Bahamas to be aware of credit card fraud on the island after an increase in reported cases.
In a release, the embassy said several U.S. citizens have reported that they received fraudulent charges on their cards.
It said that credit card companies notified customers of fraud-related charges on their accounts after using their cards at various businesses in Nassau.
"The embassy urges all U.S. citizens to check their credit and debit card accounts for any unusual activity," the release, dated July 14, read.
"If you suspect fraudulent activity, contact your bank immediately to close the compromised credit card account and place a fraud investigation with your credit card company."
The release noted that local police recently issued a similar warning regarding an increase in credit and debit card fraud matters.
Earlier this month, head of the Business and Technology Crimes section of the Central Detective Unit (CDU) Inspector Debrah Thompson said there were 16 reported cases of credit card fraud for the year up to the end of June as compared to seven cases reported during the same time last year.
Thompson also revealed that $99,205.99 has been defrauded from those victims. That's compared to the $33,401 that was defrauded from last year's victims, Thompson said.
She said most of the matters are not isolated but are a part of a larger ring.
So far this year, officers have arrested 19 people and charged 16 of them with fraud.

Click here to read more at The Nassau Guardian

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