Credit card fraud losses soared as much as 1,500 percent in the past 10 years , industry officials told a House banking and consumer affairs panel. They said they needed tougher federal statutes to combat the $1 billion-a-year racket.
Credit card fraud losses soared as much as 1,500 percent in the past 10 years , industry officials told a House banking and consumer affairs panel. They said they needed tougher federal statutes to combat the $1 billion-a-year racket.
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