Russia exceeds All European countries in credit card frauds

It is reported that in bank credit card frauds during the year 2012 Russia has exceeded all the European countries. When the figures were analysed there had been an incline of 35% if credit card frauds.
In the year 2006 this figure had stood at only 2%.In the year 2007 the loss has been reported to be Euro Million 12.6% it is reported. According to current statistics in the European banks within Russia this fraud percentage had been 6%.As at date the entire credit loos owing to frauds had been reported to be Euro million 91.4%