$3 Billion dollars in fuel fraud....
- Fuel Dispatch
- Aug 12, 2022
- 1 min read
There's an estimated $3 billion dollars in fuel fraud a year!
According to Nielson there's $10 billion dollars in credit card fraud a year.. with up to 30% of that coming from fuel credit cards!!
Do you know what other companies are doing to stop fuel fraud ?
Top 100 fleet in the country:
Solution: Utilizing Comdata's Proximity solution to stop fuel fraud at the pump.
How does it work? Using the ELD device onboard Comdata verifies your truck is at the gas station where your card is being swiped.
Results: Over 2000 fraudulent transactions stopped !
250 Refer Van Company out of CA:
Solution: Card Controls
How does it work? $500 limit on the cards per day & limit to 1 transaction per day
Results: Still finding fraud on skimmed cards, its a little less but not really that much less.
Fleet of 200 vehicles out of CO
Solution: Driver must call in to dispatch to activate card!
How does it work? just like it sounds
Results: Hired 24 hour dispatch workers, zero fraud!
Interested in learning more? Email Fuel@morningshipment.com
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