LAS VEGAS – At both the local and federal level, the industry needs to embark on a more vigorous legislative push to bring hamstrung law enforcement agencies into the fight on card fraud, advocates the president/CEO of SAFE CU, one of California's largest.
"We can't even get local agencies to even look at claims unless they are above $100,000," declared Henry Wirz, who raised the law enforcement issue during a question and answer session at the CO-OP's annual conference.
The problem, said Wirz, dates to 9/11 and the reduced priority given to local police and FBI units to combat fraud with cases not even tried or perpetrators not being caught or let go.
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