Federal authorities charged 18 people for what they called one of the biggest international credit card fraud rings in history that spread to as many as 28 states and eight countries. This elaborate web of fake identities and sham companies stole $200 million in fraudulent charges to acquire luxury cars, gold, and high-end goods. Saint Xavier University Prof. William Kresse discussed the case on Feb. 5 on NPR National News. Listen to the interview here.
Kresse, also known as Professor Fraud, is an associate professor at the Graham School of Management. He is director of the SXU Center for the Study of Fraud and Corruption.