It depends who notices the fraud first !... If the retailer spots the fraud at the time of the transaction - they're entitled to seize the card, and report the matter to the police. If the customer suspects the card has been used fraudulently, it's THEIR responsibility to take the matter further with the authorities.
You can be charged with falsely reporting a crime, and go to jail.
get greedy
If it is a joint credit card - Yes Otherwise - NO. It would amount to fraud and you can be jailed.
The more effective method of avoiding credit card fraud is to guard ensure that credit card numbers don't get into the open world. Methods to ensure this include shredding mail with credit card numbers printed on them, not giving cards to other people and only using them on trusted websites.
You need to report the situation to your credit card company, who will work with the authorities on returning your stolen identity.
Yes!
You can be charged with falsely reporting a crime, and go to jail.
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 :).
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.
Contact the credit reporting agencies to place a fraud alert on your child's credit report. Contact the credit card company to report the fraudulent activity and request the account be closed. File a report with the police and consider hiring an identity theft protection service.
get greedy
No he is not responsible for the debt as a 17 year old cannot enter into a legally binding contract. However, he would be responsible for the fraud.
Some methods of credit card fraud prevention include: authenticating the cardholders information, antifraud chip technology, and sophisticated software to track credit card usage.
The credit card company has no obligation to reimburse or dismiss charges on the account unless indentity fraud is involved. A case where the card or card info was stolen and used without the knowledge of the holder. If the card holder knew the card was used fraudlently and did not report it in a timely manner, the company is still not legally obligated.
Yes. An authorized user, is a term used by CCC's as a safeguard for possible credit card fraud. It does not make the "user" the debtor, or the responsible party for repayment.
The only way is if you signed an agreement to be responsible for the card. The card agreement was first signed by an officer of the company and then added you as a authorized user. But they can't hold you responsible for any of the debt unless fraud is envolved and then you don't need to worry about the card company you will have much bigger problems.
phising