UNIVERSITY OF SOUTH AFRICA
College of Accounting Sciences
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FOR3703: Forensic Auditing
Assignment 02 — Semester 1, 2026
⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄⋄
FOR3703
Module Code:
Forensic Auditing
Module Name:
Credit Card Fraud and Cheque Fraud
Essay Topic:
[Student Name]
Student Name:
[Student Number]
Student Number:
Assignment 02
Assignment Number:
279511
Unique Number:
Semester 1, 2026
Due Date:
100
Total Marks:
Submitted in partial fulfilment of the requirements
for FOR3703 Forensic Auditing — UNISA 2026
,UNISA | FOR3703 Credit Card Fraud and Cheque Fraud
Contents
1 Introduction 4
2 Key Definitions 5
2.1 Credit Card Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
2.2 Identity Theft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
2.3 Phishing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
2.4 Card Skimming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
2.5 Cheque Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2.6 Card-Not-Present Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
3 Types of Credit Card Fraud 7
3.1 Card-Not-Present (CNP) Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
3.2 Card Skimming and Cloning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
3.3 Phishing, Vishing, and Smishing . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.4 Account Takeover Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.5 New Account Fraud (Application Fraud) . . . . . . . . . . . . . . . . . . . . . . . 9
3.6 Card Theft and Lost Card Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
3.7 Data Breach-Enabled Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
4 Cheque Fraud Schemes 11
4.1 Cheque Forgery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
4.2 Cheque Alteration and Cheque Washing . . . . . . . . . . . . . . . . . . . . . . . 11
4.3 Counterfeit Cheques . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
4.4 Cheque Kiting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
4.5 Fraudulently Altered Cheques (Chemical Eradication) . . . . . . . . . . . . . . . 13
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, UNISA | FOR3703 Credit Card Fraud and Cheque Fraud
4.6 Stolen Cheque Schemes (Mail Theft) . . . . . . . . . . . . . . . . . . . . . . . . . 13
4.7 Remote Deposit Capture Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
5 Conclusion 15
Reference List 16
Page 3 of 17
College of Accounting Sciences
⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄⋄
FOR3703: Forensic Auditing
Assignment 02 — Semester 1, 2026
⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄ ⋄⋄
FOR3703
Module Code:
Forensic Auditing
Module Name:
Credit Card Fraud and Cheque Fraud
Essay Topic:
[Student Name]
Student Name:
[Student Number]
Student Number:
Assignment 02
Assignment Number:
279511
Unique Number:
Semester 1, 2026
Due Date:
100
Total Marks:
Submitted in partial fulfilment of the requirements
for FOR3703 Forensic Auditing — UNISA 2026
,UNISA | FOR3703 Credit Card Fraud and Cheque Fraud
Contents
1 Introduction 4
2 Key Definitions 5
2.1 Credit Card Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
2.2 Identity Theft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
2.3 Phishing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
2.4 Card Skimming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
2.5 Cheque Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
2.6 Card-Not-Present Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
3 Types of Credit Card Fraud 7
3.1 Card-Not-Present (CNP) Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
3.2 Card Skimming and Cloning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
3.3 Phishing, Vishing, and Smishing . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.4 Account Takeover Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.5 New Account Fraud (Application Fraud) . . . . . . . . . . . . . . . . . . . . . . . 9
3.6 Card Theft and Lost Card Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
3.7 Data Breach-Enabled Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
4 Cheque Fraud Schemes 11
4.1 Cheque Forgery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
4.2 Cheque Alteration and Cheque Washing . . . . . . . . . . . . . . . . . . . . . . . 11
4.3 Counterfeit Cheques . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
4.4 Cheque Kiting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
4.5 Fraudulently Altered Cheques (Chemical Eradication) . . . . . . . . . . . . . . . 13
Page 2 of 17
, UNISA | FOR3703 Credit Card Fraud and Cheque Fraud
4.6 Stolen Cheque Schemes (Mail Theft) . . . . . . . . . . . . . . . . . . . . . . . . . 13
4.7 Remote Deposit Capture Fraud . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
5 Conclusion 15
Reference List 16
Page 3 of 17
