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It's pretty simple really.

The technology of the credit card is as simple as it could be. Getting to authenticate fake credit cards can be traced as early as the first time it was used. One of the most common uses of fraud is buying online. They can't really decide when its suspicious when you're doing something funky or not. If you've been a victim of a credit card fraud, you might think that you may catch the victim because he has a shipping address and what not, but that's where the fun begins.

When banks receive credit card fraud reports, they decide whether to take actions in their own hands or not. If the fraud cost a customer about more or less $400 then they would not take any action at all. Think about it. Why spend more than $400 trying to catch a crook when you can just reimburse it? That's how banks think. Of course they would seek help from the local police but that's just about it. Now if the crook spent thousands of dollars, now that's another story. Normally, frauds only account for a few hundred bucks then trash the card and move on with the next victim. Tracking and finding them is worth much more than reimbursing the victim.

On the other hand, justice feels more fulfilling, especially if you caught the crook red-handed, which is very, very, very rare.

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12y ago

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