UK report: Banks let e-criminals pinch gobs of money underneath the law's noseA new government report blames a "black hole" wherein banks don't report fraud to investigators and/or investigators just don't bother to pursue the crooks. Instead, banks just reimburse customers.
We may be talking chump change, but high volume means it all adds up to a tidy profit for e-criminals.
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UK report: Banks let e-criminals pinch gobs of money underneath the law's nose
