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Keeping your Debit and Credit Cards Safe: When Small Charges Can Signal a Big Crime

“When thieves fraudulently obtain someone else’s credit or debit card information and create a counterfeit card, they might test it out with a small transaction – like buying a pack of gum or a soda – to make sure the counterfeit card works before using it to make a big purchase,” said Michael Benardo, manager of the FDIC’s Cyber Fraud and Financial Crimes Section. Click here to learn more.

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