Criminals use fraudulent credit cards to steal billions of dollars in merchandise every year. In 2007 alone, U.S. businesses absorbed $3.2 billion in losses from online credit card fraud. This staggering number does not include fraudulent purchases made from retail stores.rnThe biggest problem that police face in dealing with this crime is that victims seldom report credit fraud. Most credit fraud is reported directly to the credit card companies, who in turn rarely hold the card member responsible for the losses.
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