The Visa Scam Disruption Department has identified fraud attempts totaling 1 billion dollars, of which 260 million are in Europe.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
Visa created the Fraud Prevention Department a year ago, aiming to identify and prevent fraud. During this time, attempts at fraud worth over 1 billion dollars have been discovered, of which 260 million dollars were in Europe. By collaborating with clients and authorities worldwide, the department has managed to prevent the activities of over 25,000 fraudulent merchants, thus demonstrating the effectiveness of the implemented security measures.
Sources
Latest News
22:57
AI companies and chipmakers lose more than $1 trillion amid concerns over financing
22:46
Salvamont rescuers are warning drivers and tourists after snow began falling on the Transfăgărășan and in Poiana Brașov
22:39
The Niculescu Government proposes exempting mothers from paying CASS and maintaining the child-rearing allowance after returning to work
22:25
Niculescu Government targets a deficit below 3% of GDP by 2030 / Spending, tax evasion and revenue collection are priorities
21:55
The government proposed by Luca Niculescu wants to attract a strategic investor to TAROM in 2027, including for a majority stake
See more news
NEWS ON THE SAME TOPICS
Current Affairs
Police conducted searches in a case involving card fraud after foreign tourists were allegedly deceived in the Old Town.
Current Affairs
CSALB warns: more than 170 requests concerning bank fraud have been submitted this year
.webp)
Republic of Moldova
A young woman from Briceni, Moldova lost over 114,000 lei after being convinced to invest in false schemes.
International
Searches in 19 European countries, including Romania, in a fraud involving second-hand phones sold as new
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
