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Kenneth Carnesi, Board Member of The Lazarus Organization announced today that Monkeetech,LLC , a client of The Lazarus Organization, has expanded coverage of its patent pending Credit Card Fraud Prevention System by including biometric technology.

Mar. 22, 2013

Kenneth Carnesi, Honorary Board Member of The Lazarus Organization, announced today that Monkeetech, LLC, a software developer and recent client of The Lazarus Organization, has taken steps to expand the coverage of its patent pending Credit Card Fraud Prevention System.

“This unique patent pending system developed by Monkeetech, LLC represents an opportunity to serious curtail credit card fraud, which has grown to become a multi-billion dollar problem” states Kenneth Carnesi. “We have a number of serious suitors already interested in working with Monkeetech,LLC to bring this system to the market for immediate implementation”. The Monkeetech, LLC system works at the point-of-sale and unlike any other existing systems, incorporates technology to memorialize and store the identifying elements of the fraudulent transaction and the perpetrator. “The deterrent factor incorporated into this system is what really sets it apart from anything else on the market today.”

Mr. Carnesi went on to say that “Monkeetech,LLC has now recently filed to further incorporate optional biometric technology into their already innovative Credit Card Fraud Prevention System and the result is astonishing”. “I am confident that the market has never seen a system quite like the Monkeetech, LLC Credit Card Fraud Prevention System; now also incorporating optional biometric technology, and the expectations of success for the Monkeetech system remain high.”

The Lazarus Organization is a  private international business consulting firm with offices worldwide. The Lazarus Organization specializes in the oil & gas and telecommunications industries and investments in the emerging markets. Mr. Carnesi was appointed as an Honorary Board Member of The Lazarus Organization in July 2012.