Chase’s ineffective fraud controls
This is truly amazing. Over the course of seven years, a Chase credit card customers personal assistant embezzled over $1 million by taking $200 to $700 cash advances from the creidt card, usually twice a day for the ENTIRE 7 year period. Shame on the card owner for not checking his account once in that seven year period, but what kind of fraud controls does Chase have exactly that won’t catch fraud THAT obvious.
Ineptitude | admin April 2, 2010 | 
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