With Valentine's Day Online Spending Up 8.48%, Fraud Up Too
According to Retail Decisions, U.S. fraudsters are attempting to buy gifts online for their loved ones. They're more romantic than UK fraudsters who only buy for themselves,Top Products, Online Fraud Attempts
It turns out that online fraudsters are smart enough to realise giftcards can be the easiest to steal and sell, closely followed by gold and diamonds. There were two surprising items in the list. They may be spotty youth that need facial care and they have bad breath.- Gift Cards - $134, a increase of 72% per purchase than a genuine purchaser
- Lancome - Facial Care
- Tommy Hilfiger - Men's Wear -(button down and sweaters - all colors)
- 14K Diamonds Earrings
- Rose Blue 14K Stud Earring
- Dooney & Bourke Bags -(Bucket Bag) (expensive ladies day bag - classic style)
- Coach Handbags - (designer ladies day bag)
- Sonicare Toothbrush - (electric toothbrush - to have fresh breath for Valentines)
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Retail Decisions (ReD) is a payment card issuer and world leader in card fraud prevention and payment processing. They monitored real-time online shopping data February 1-11, 2008 for global blue chip retail clients to track consumer buying patterns and fraud activity associated with Valentine's Day 2008. ReD retail clients include Wal-Mart, Macy's, Bloomingdales and Tesco.
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