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Study: Retail fraud on the rise | Retailing Today

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in April
APRIL 14, 2016 | BY DAN BERTHIAUME

Both the volume of and monetary losses caused by fraudulent transactions have sharply increased in the past year. According to the “2016 True Cost of Fraud Report” from LexisNexis Risk Solutions, the monthly average of fraudulent transactions has increased 32% to 206 from 156 in 2015. In addition, the monthly average of prevented fraudulent transactions has risen 33% to 236 from 177.

http://www.retailingtoday.com/article/study-retail-fraud-rise
 

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