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Financial losses due to plastic card fraud in the UK dropped.

Europe Intelligence Wire

| November 25, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Off Licence News)

Figures released by payments association APACS show that total card fraud losses from January to June 2005 were GBP219.4 million, compared to GBP252.6 million during the same period last year.

Use of counterfeit cards was down 31 per cent and use of lost …

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