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Luxury goods’ high risk, high reward attract fraud: report

Posted BySarah JonesOn In Apparel and accessories,Editor's Choice,Featured,Industry sectors,Jewelry,Marketing,News,Research,Retail | No Comments
Image courtesy of Saks Fifth Avenue Image courtesy of Saks Fifth Avenue

 

By Sarah Jones

The rate of fraudulent transactions in the luxury goods category declined 8.4 percent in 2016, but the industry remains one of the hardest hit, according to a new report from Forter.