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Feedzai’s Financial Crime Report: Where Is Consumer Fraud Worst? And How Can You Avoid It?
Florida ranks as the No. 1 state for financial fraud perpetrated on consumers, and Miami stands as the No. 1 tourist city for fraud, according to a study from Feedzai, a financial risk management firm.
In particular, Florida heads the list for in-store debit-card fraud, the report said.
“The number of in-store card transactions showed no significant change [from 2019 to 2021], making the massive spike in card-present fraud attacks particularly noteworthy,” the study said.