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Stolen credit card information puts consumers at risk

August 21, 2012

Credit card fraud costs businesses a considerable amount of money each year, with thieves coming up with new ways to take funds from shoppers.

Credit card fraud costs businesses a considerable amount of money each year, with thieves coming up with new ways to take funds from shoppers. Businesses that fail to achieve security measures, including PCI Compliance, can sometimes face issues.

In one case that recently made headlines, a man from Silverhill, Alabama, was tried and convicted of using a skimming device on ATM machines, the Press-Register reports. After the illegal device was discovered by employees at the BB&T Bank, police were able to apprehend Bruce Klein.

When authorities searched his home, they discovered that the man had a number of tools commonly used to steal the personal information of bank customers.

Assistant U.S. Attorney Gina Vann said that Klein foolishly believed he could game the system and make off with the ill-gotten funds without getting caught.

“…[F]or a minute he thought he was slicker and smarter than everyone else and he could get away with this,” she said, according to the newspaper.

In another case, authorities in Pennsylvania arrested Charlotte Lewis, after she allegedly collaborated with two others to steal $13,000 worth of items at Lord and Taylor using reward cards, the Burlington County Times reports.

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