This definition appears somewhat frequently
and is found in the following Acronym Finder categories:
- Organizations, NGOs, schools, universities, etc.
- Business, finance, etc.
See other definitions of CIFAS
Samples in periodicals archive:
The Credit Industry Fraud Avoidance System (CIFAS) said in the past year conmen 10,000 people who had recently died.
Figures compiled by the Credit Industry Fraud Avoidance System (CIFAS) showed that identity and impersonation fraud increased by 40pc to 74,000 reported cases in 2002 and by 36pc to 101,000 cases in 2003, setting the cost of identity fraud on the British economy at pounds 1.
The Credit Industry Fraud Avoidance System said identity and impersonation fraud rose from 74,000 reported cases in 2002 to 101,000 in 2003.
Mr Liddell said: 'The Credit Industry Fraud Avoidance System (CIFAS) has compiled statistics which demonstrate that the problem is growing at an alarming rate.
The cash was saved by banks credit companies keeping tabs on potential fraudsters and bad debtors, according to figures revealed at the annual general meeting of the Credit Industry Fraud Avoidance System (CIFAS).