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Business

Fraud Warning: Do Not Wrap Gifts in Cash

by Jeff Garrett Mar 11, 2009 Business
Thumbnail image for Fraud Warning: Do Not Wrap Gifts in Cash

No kidding, you read that right.
I was reviewing a statement for one of my merchant accounts this morning and noticed a warning to avoid a new scheme to defraud merchants and cardholders that has been identified as “Cash Back” fraud. Apparently the bad guys are targeting gift shops and flower shops and transaction amounts [...]

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