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  1. Home
  2. Economy
189 new news items in the last 24 hours
13 October 12:16

The Visa Scam Disruption Department has identified fraud attempts totaling 1 billion dollars, of which 260 million are in Europe.

Raluca Ioana Draghici
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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

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Wall-street
Visa a oprit fraude de peste 1 miliard de dolari la nivel global în doar un an: Comercianții frauduloși au fost identificați cu AI
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Adevarul
Visa a dejucat fraude financiare uriașe, de peste 1 miliard de dolari
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Antena3
Visa identifică tentative de fraudă de peste un miliard de dolari

ȘTIRI PE ACELEAȘI SUBIECTE

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Current Affairs
ANAF has identified a complex mechanism of tax fraud, blocking illegal VAT refunds of 19 million lei and estimating the total damage at over 55 million lei.
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International
The German federal police coordinated an international operation against fraud and money laundering, arresting several individuals in various countries.
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International
Seven suspects have been arrested as part of a European investigation into VAT fraud involving electronic products, with estimated losses of 48 million euros.
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Current Affairs
The police conducted four searches in Gorj and Ilfov in a case of fraud, where a manager misled a company with fictitious payments of 7 million euros.
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Current Affairs
Two women have deceived dozens of people, illegally selling homes and cars, causing a damage of 1.3 million euros. The police conducted searches in Bucharest and the neighboring counties.
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Visa fraud attempted fraud Traders cyber security

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