Robert Siciliano » Blog

Wednesday, August 07, 2013

$14B in bogus credit

Call it the “graying” of America, and it has nothing to do with baby boomers. Instead, it’s the $14 billion credit card holders are losing each year to “gray,” or deceptive, credit- or debit-card charges, according to a new study by industry consultant Aite Group.

http://www.nypost.com/p/news/business/in_bogus_credit_OLYoPuIbUWmN58HAWzcNJM