FOR3703
Assignment 2
Semester 1
Unique NO: 279511
2026
, UNIVERSITY OF SOUTH AFRICA
(UNISA)
CREDIT CARD FRAUD AND CHEQUE FRAUD:
TYPES, SCHEMES, AND THEIR IMPACT ON IDENTITY THEFT
Module: Selected Crimes and Transgressions Module A
Module Code: FOR3703
Assignment: 02 (Semester 1)
Unique Number: 279511
2026
, Table of Contents
1 INTRODUCTION ................................................................................................................... 4
2 DEFINITION OF KEY CONCEPTS ...................................................................................... 4
2.1 Credit Card Fraud ............................................................................................................. 4
2.2 Identity Theft .................................................................................................................... 5
2.3 Cheque Fraud ................................................................................................................... 5
2.4 Phishing ............................................................................................................................ 5
2.5 Card Skimming ................................................................................................................ 5
2.6 Counterfeit Cheque .......................................................................................................... 5
3 TYPES OF CREDIT CARD FRAUD ..................................................................................... 6
3.1 Card-Not-Present (CNP) Fraud ........................................................................................ 6
3.2 Counterfeit Card Fraud..................................................................................................... 6
3.3 Lost and Stolen Card Fraud .............................................................................................. 7
3.4 False Application Fraud (New Account Fraud) ............................................................... 7
3.5 Account Takeover Fraud .................................................................................................. 8
3.6 Phishing and Electronic Fraud ......................................................................................... 9
3.7 Synthetic Identity Fraud ................................................................................................... 9
4 CHEQUE FRAUD SCHEMES ............................................................................................. 10
4.1 Counterfeit Cheque Fraud .............................................................................................. 10
4.2 Forged Cheque Fraud ..................................................................................................... 11
4.3 Fraudulently Altered Cheque (Chemical Washing) ....................................................... 11
4.4 Cheque Kiting ................................................................................................................ 12
4.5 Paper Hanging ................................................................................................................ 13
4.6 Fraudulent Overpayment Schemes................................................................................. 13
4.7 Internal Cheque Fraud (Employee Fraud) ...................................................................... 14
Assignment 2
Semester 1
Unique NO: 279511
2026
, UNIVERSITY OF SOUTH AFRICA
(UNISA)
CREDIT CARD FRAUD AND CHEQUE FRAUD:
TYPES, SCHEMES, AND THEIR IMPACT ON IDENTITY THEFT
Module: Selected Crimes and Transgressions Module A
Module Code: FOR3703
Assignment: 02 (Semester 1)
Unique Number: 279511
2026
, Table of Contents
1 INTRODUCTION ................................................................................................................... 4
2 DEFINITION OF KEY CONCEPTS ...................................................................................... 4
2.1 Credit Card Fraud ............................................................................................................. 4
2.2 Identity Theft .................................................................................................................... 5
2.3 Cheque Fraud ................................................................................................................... 5
2.4 Phishing ............................................................................................................................ 5
2.5 Card Skimming ................................................................................................................ 5
2.6 Counterfeit Cheque .......................................................................................................... 5
3 TYPES OF CREDIT CARD FRAUD ..................................................................................... 6
3.1 Card-Not-Present (CNP) Fraud ........................................................................................ 6
3.2 Counterfeit Card Fraud..................................................................................................... 6
3.3 Lost and Stolen Card Fraud .............................................................................................. 7
3.4 False Application Fraud (New Account Fraud) ............................................................... 7
3.5 Account Takeover Fraud .................................................................................................. 8
3.6 Phishing and Electronic Fraud ......................................................................................... 9
3.7 Synthetic Identity Fraud ................................................................................................... 9
4 CHEQUE FRAUD SCHEMES ............................................................................................. 10
4.1 Counterfeit Cheque Fraud .............................................................................................. 10
4.2 Forged Cheque Fraud ..................................................................................................... 11
4.3 Fraudulently Altered Cheque (Chemical Washing) ....................................................... 11
4.4 Cheque Kiting ................................................................................................................ 12
4.5 Paper Hanging ................................................................................................................ 13
4.6 Fraudulent Overpayment Schemes................................................................................. 13
4.7 Internal Cheque Fraud (Employee Fraud) ...................................................................... 14
