85 Years Old? The Surprising Fraudster Profile
Buyers who are or claim to be 85-90 years old are 2.5 times more likely to be fraudsters. The state with the highest fraud rate based on billing address was Alaska. By shipping address, it was Delaware. Purchases of $20 or less are 2.16 times more likely to be fraudulent than other purchases (fraudsters make micropurchases to test out stolen credit card data to see if it's still valid). 3 a.m. is the most fraudulent time of day. The surprises don't stop there. [10/21/15]
