banks on credit card fraud

Banks alert on credit card fraud
Ah Longs have found a new source
Dispensing loans without hassle
Let the banks do the running

The credit card holders
Sign for goods or services
Invoices are billed...........
Ah Longs dispensing cash
No goods or services exchanges
It is just a front of operation

The card holders get discounted cash
Ah Longs bill the banks payments receive
Ah Longs don't have to worry about collection
They get in full raking in millions...........

Now the banks wise up to this fraud
The banks should cancel establishment agreements
The banks should cancel the card holders too
For it is cheating by any standard define
Though card holders will think it is easy credit

Ah Longs must be wiped out
Passing severe legislations will not do the trick
When enforcements are weak
And banks reluctant to approve loans
When applicants are high risks
When applicants have no collateral
So the cycle begins..........