Plastic card fraud


The plastic card industry is being targeted by organised criminal enterprise from around the world. In the past, Australia’s physical isolation from the rest of the world protected us, to some extent, from fraud trends which were taking place elsewhere. Computers, telecommunications systems, and international travel, now allow Australia to experience the same kinds of fraud as those which occur in other developed countries. This Trends and Issues paper considers one particular form of fraud which is endemic overseas, and which is likely to become a substantial problem for Australian law enforcement agencies in the years to come; namely, plastic card fraud, or crimes of deception committed through the use of credit cards, debit cards, and stored value cards. It will also consider the opportunities for this kind of fraud which the Sydney Olympic Games will create, and how best to guard against such crime.