Claim: "Worldwide credit card transactions, the credit card fraud rate is 0.04 percent, compared to almost 8 percent, 9 percent, 10 percent of Medicare fraud."
Fact-check: Medicare fraud rate is 8 to 10 percent, says Roskam of Illinois
Verdict: mostly-true
Organisation: PolitiFact
Author: Jon Greenberg
Date published: 2013-06-17T00:00:00