People undergo so many financial transactions in their lives that it’s impossible to keep track of them all. Debt collectors do not only know this, but they count on it. They use it to try and collect on debts that someone never owed. These are known as phantom debts, and…
Category: Fraud
Many consumers are familiar with the practice of skimming. This theft crime involves installing a reader device on ATMs so fraudsters can use that information to steal your information and your money. Today, there is a newer form of theft that is called shimming. This works very similarly, except that…
