The Mogo Blog

What is credit card fraud?

It’s not surprising that there's been a big shift to online shopping and a dramatic increase in the amount of digital transactions during the pandemic. Unfortunately, criminals don’t discriminate, even during these tough times, and there’s been a reported 23% increase of identity fraud since early March. The damage caused to your financial future from identity fraud can be huge and yet most of us aren't doing anything to protect ourselves. No, your credit card company doesn’t cover identity fr