'Fraud' in credit card transactions is unauthorized and unwanted usage of an account by someone other than the owner of that
account. Necessary prevention measures can be taken to stop this abuse and the behavior of such fraudulent practices can be studied
to minimize it and protect against similar occurrences in the future. In other words, Credit Card Fraud can be defined as a case
where a person uses someone else’s credit card for personal reasons while the owner and the card issuing authorities are unaware of
the fact that the card is being used.
