Monday, April 13, 2009

Online Revenue Loss Due to Fraud

2004 - $1.9 Billion
2005 - $2.6 Billion
2006 - $3.1 Billion
2007 - $3.7 Billion
2008 - $4 Billion

*Cyberource Corp. annual Online Fraud Survey; Sample of 400 online merchants in the US and Canada

Larson note: I see it at my sons Running Shoe store. Fraud, cheaters call it whatever you want but it is stealing! Out and out fraud, and with the economy in the tanks I would be more careful than ever before of you could get hammered harder than you already are.


Howard Larson
Larson & Associates
Target Marketing & Telesales Professionals for new account acquisition
Making good businesses great and great businesses even better
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