CREDIT CARD FRAUD IN HOSPITALITY
CREDIT CARD FRAUD IN HOSPITALITY Hotel industry statistics indicate that organizations lose 4% to 5% of annual revenue from fraud perpetrated by employees and guests. Credit card fraud can take many forms and can be perpetrated by either an outsider (guest, vendor or third-party) or an insider (employee). Most Common Credit Card Fraudulent Activities False Credit Card Credits - this type of fraud occurs when a guest checks out from a hotel making full payment of the balance d