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What Is First-Party Fraud?

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Tue, 07/02/2019 - 02:45. Mon, 07/25/2022 - 11:00. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. Bust-out fraud , also known as hit and run, can happen on many types of financial services. by Matt Cox.