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A Little Story About Credit Card Fraud

Posted on Feb 28, 2006 by Tom Fragala

A Border’s employee anonymously writes in their blog about how the store they work at ignores (encourages?) credit card fraud. In the post, colorfully entitled “Scumbag,” the author refers to it as identity theft, however, that term probably doesn’t apply if we’re just talking about a lost or stolen card. The story is not surpirsing to me, but it’s still not comforting to hear how a large retailer like this doesn’t care (at least the local manager doesn’t). However, I would expect that someone at Border’s corporate would be interested to know they are violating their credit card processor’s merchant agreement by failing to take basic measures to prevent fraud.