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Florida retailers expect fraud to rise in 2015

in Apolitical/Top Headlines by

With the holiday shopping season entering its twilight hours, retailers have turned their attention to preventing fraudulent returns. The Florida Retail Federation expects total annual returns to hit $260.5 billion this year, including $9.1 billion worth of fraudulent returns. Holiday returns alone are estimated to account for $2.2 billion in fraudulent returns, the group said, up from $1.9 billion in 2014. “Due to the spike in retail fraud that takes place this time of year, we can’t stress enough for…

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