New York indicted 18 people in massive check counterfeiting ring that cashed more than $1 million worth of checks at major New York City banks. The number of fraud cases decreased from 616,469 in 2003 to 561,306 in 2006. Elderly and Immigrant Identity Fraud is regaining popularity, especially in the age of identity theft. Phishing continues to change and grow, crimeware researcher Dr. Markus Jakobsson says. The banking industry lost $662 million to debit card fraud in 2005.”]
Source: https://www.cuinfosecurity.com/classic-fraud-6-scams-that-dont-go-away-a-1507