One of the largest areas of fraud is credit card fraud, which can involve creating fake credit cards, using someone else's credit card information and unauthorized possession of a credit card. (criminallawoshawa.com)
Such a penalty would dwarf the $ 100 million fine the CFPB hit Wells Fargo with in September 2016 for issuing millions of fake credit card accounts. (vox.com)
Wells Fargo in 2016 was fined $ 185 million for issuing millions of fake credit card accounts. (vox.com)