Red alert over London on credit card fraud map

London is the UK capital of credit card fraud, according to a study by online fraud prevention firm Early Warning.

Early Warning's latest figures for Cardholder Not Present (CNP) fraud show that Greater London clocked up largest number of fraudulent transactions in the past year, followed by Manchester and Kilmarnock.

Early Warning has produced a map that identifies the postcode areas from which the fraudsters operate, put together by tracking the delivery addresses for fraudulently obtained goods – typically accommodation addresses and "dead letter boxes".

Read more at: Credit Card Fraud