By George Anderson
Police in North Carolina have arrested a Maryland man on 10 counts of financial identity fraud, according to The Associated Press.
Authorities claim the man, identified as Benjamin Uzzell, 45, of Accokeek Md., was in possession of 1,700 credit cards with lines of credit valued in excess of $405,000.
Moderator's Comment: Is credit card fraud easier to pull off now than in the past? What should retailers be doing to protect their businesses?
Recent reports suggest that the self-checkout technology adds convenience and speeds consumers through the front-end. It also has provided a new opportunity for credit card fraud as stores have largely stopped checking for ID. [George Anderson - Moderator]