Recent Trends in Credit Card Fraud

ValuePenguin, a personal finance website designed to assist consumers about financial decisions, recently discussed the current trends involving credit card fraud. Kennyhertz Perry Regulatory & Compliance attorney Braden Perry was one of the experts who weighed in on the trends since the 2008 financial troubles, the current and future technology and the ways consumers can protect themselves. “Credit card fraud can range from low tech to very high tech. It will never go away, but consumers can mitigate their chances significantly by using common sense and basic financial safety,” Perry said. The increased spending will increase fraud. ” Now, as credit use heads to prerecession levels, fraud is on the rise. Plus, the increased online marketplaces also lead to additional opportunities for fraud”

The article shows fraud by state discusses the 41% increase in fraud since 2014. The full article can be viewed here.

About Braden Perry

Braden Perry is a litigation, regulatory and government investigations attorney with Kennyhertz Perry, LLC. Mr. Perry has the unique tripartite experience of a white collar criminal defense and government compliance, investigations, and litigation attorney at a national law firm; a senior enforcement attorney at a federal regulatory agency; and the Chief Compliance Officer/Chief Regulatory Attorney of a global financial institution. Mr. Perry has extensive experience advising clients in government inquiries and investigations, particularly in enforcement matters involving emerging or novel issues. He couples his technical knowledge and experience defending clients in front of federal agencies with a broad-based understanding of compliance from an institutional and regulatory perspective.

About Kennyhertz Perry, LLC

Kennyhertz Perry, LLC is a business and litigation law firm representing clients in highly regulated industries. The firm was founded by two veteran Kansas City attorneys, John Kennyhertz and Braden Perry. To learn more about the firm, visit kennyhertzperry.com.