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 In UK, BEC Fraud Gains Ground on eCommerce Sites

PYMNTS

In one case, a seller contacted Tamebay and said that more than 14,000 pounds were looted over the course of more than 3,200 transactions over a four-month period. The index can help realize tax revenues of 50,000 crores a year. There is the potential to create a database to monitor fraud, said the site.

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