TEXAS — If you enjoy eating out in Texas, you could be paying more than your share for the meal.
The Texas Restaurant Association (TRA) says credit card fraud is not only taking a toll on restaurants, but it’s also affecting what consumers are spending statewide.
El Taco Society MX in Spring Branch, west of downtown Houston, is big on social media, community events and its Mexican-inspired street food.
“We’re going very popular with the birria and tacos, and we are actually going viral with the tortas, the giant tortas that we carry,” said Audiel Escobar, a manager at El Taco Society MX.
They also own a liquor store in the same strip, which means they process lots of transactions daily.
“We take cash. We take card. They’re able to tap their phones, their Apple Watch, if they have it, Google Pay and Apple Pay,” Escobar said.
Along with customers paying up, he said those options have…
Insurance fraud involves making false or exaggerated claims to an insurance provider.
- Hard Fraud: Someone deliberately causes a loss (e.g., setting fire to a warehouse or staging a car accident) specifically to collect a payout.
- Soft Fraud: More common and often viewed as “victimless” by the perpetrator. It involves exaggerating a legitimate claim, such as overstating the value of stolen items in a home burglary to cover the deductible.