It is fraud and stealing so that means prison time.
You must pay a fine.
Jail
Grand Theft AutoThe penalty is usually about 5 years in Prison.
depends on how bad the person lied
People normally find out they are victims of credit fraud when they try to open new credit and are denied. Credit reporting agencies suggest checking your credit reports every year, at least.
Yes I believe you can report credit card fraud if you know someone who has someone elses credit card, if let's say one of your friends or family member got there credit card stolen and you also know the person who stole the credit card you can report a credit card fraud or you can just let your friend or family member report fraud on there credit card, I hope this helps :).
It is estimated that credit fraud affects about 15 million people in the United States each year. The easiest way to detect this fraud is to check one's credit report regularly to find suspicious activity.
Contact the 3 credit egencys and let them know there is fraud, all so put a fraud alert on your credit report.
Don't understand the question completely but any form of credit card fraud is irreversible or else it would not be called credit card fraud.
You will go to jail Martin.
get greedy
It is fraud. Depends on what country you are in.