Finding fraud in bankruptcy cases
Read Time: 12 mins
Written By:
Roger W. Stone, CFE
According to the Dec. 1, 2016, Herald Sun article, Teenagers using credit card fraud to steal fast food, by John Masanauskas, fast-food outlets like Hungry Jack's, Krispy Kreme and McDonald's have been hit by teenage fraudsters using stolen prepaid Australian Post Visa credit cards to steal hamburgers, chips, drinks and other items.
According to the article, Australia Post confirmed that an unusual glitch affecting food outlet payment terminals has enabled the purchases to be processed as if they were actually paid for.
According to the article, a Visa spokeswoman said, "This issue was the result of a unique set of technical circumstances on the impacted merchant prepaid cards and payment terminals that are not easily replicated. The merchants and financial institutions involved are working hard to update the configurations on the cards and terminals to ensure this doesn't happen in the future."
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Read Time: 12 mins
Written By:
Roger W. Stone, CFE
Read Time: 10 mins
Written By:
Tom Caulfield, CFE, CIG, CIGI
Sheryl Steckler, CIG, CICI
Read Time: 2 mins
Written By:
Emily Primeaux, CFE
Read Time: 12 mins
Written By:
Roger W. Stone, CFE
Read Time: 10 mins
Written By:
Tom Caulfield, CFE, CIG, CIGI
Sheryl Steckler, CIG, CICI
Read Time: 2 mins
Written By:
Emily Primeaux, CFE