Someone has access to my credit card # and purchase more than $1800 worth of stuff, one including a airline ticket. I call my credit card company, and they acutally refund back the money and give me a new card. My question is will the bank find out who did this and track this person down?
My credit card company is Chase, they didn't mail me any paperwork or anything, we did this over the phone., and I didn't file any police report. Since the money was refund.
Thank you!
2007-11-13 09:10:52 · 7 answers · asked by tcyang615 1 in Business & Finance ➔ Credit
Nope. It's happened to me several times. The bank tells me they just don't pay the stores where the merchandise was purchased. So they're not out any money.
2007-11-13 09:19:39 · answer #1 · answered by Debbie Queen of All ♥ 7 · 0⤊ 0⤋
A credit card is more of a necessity nowadays rather than being a luxury or a status symbol. As a matter of fact having a credit card can be extremely advantageous for many individuals. With it, they can easily make purchases even if they do not have enough cash with them or even with none at all – plus the convenience and of course establishing a good credit standing that comes with owning a credit card.
Using the bills and the slips they will have when using credit cards, a user will be able to trace all of the expenses they have made with the card, thus making their financial management easier to perform, other advantages are the rebates and other rewards that they may receive every time they use their credit cards to finance their expenses. And with so much advantages that could be availed through credit card payments, many individuals and families simply integrate a credit card account with their daily financial management activities.
The popularity of credit card ownership has been pushed further with the growth of the internet as a merchant, In fact, there are now hundreds to thousands of credit card offerings over the internet, most of which are sent in the form of an email message. Check your email inbox and you will find various credit card companies advertising their credit plans to potential clients, some of which are; zero-percent APR for one year, higher rebate percentage on every purchase, and more of the like.
But wait, have you noticed something? Why are most of these credit card advertisements ended up on the bulk section of your email inbox? You are most probably aware of the purpose of the bulk section, it is to store suspicious messages or commonly referred to as "spam" messages.
Does it mean that credit card advertisements in the form of an email message sent on the bulk section of your inbox are fraudulent? Read more from: http://www.credit-card-gallery.com/article/140,The_Reality_About_Credit_Card_Fraud
2007-11-14 07:18:12 · answer #2 · answered by kassy kemp 2 · 0⤊ 0⤋
Stay safe and keep your details as secure as possible. The following link gives advise on how to avaid being a victim of fraud http://www.officialfootballcreditcard.co.uk/news-and-info_tips-credit-card-fraud.html
They card providers themselves claim the money back off their own insurance companies. They do usually ask for a crime reference number in order to process the refund. It seems that the person who committed the fruad... GOT AWAY!
2007-11-16 01:10:49 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You really should file a police report. This may only be the tip of the iceberg. File it with your local police agency. They may not want to take it. Just remind them according to federal law they must.
In addition, you should place a freeze on all 3 of your credit files. I've linked below with info on how to do that, to protect yourself from future identity theft.
Lastly, please tell me your credit card company closed that account and opened a new one for you.
2007-11-13 17:21:24 · answer #4 · answered by Uncle Pennybags 7 · 0⤊ 0⤋
Chances are you won't hear anything more, but file a police report just to be on the safe side.
Chase may go after who ever made the charges but more likely they will just backcharge all the merchants.
2007-11-13 17:23:24 · answer #5 · answered by bdancer222 7 · 0⤊ 0⤋
If Chase gave you your money back, they will probably investage it on their own. You might try calling their fraud department to check up on the investigation, they might keep you posted. I also recommend ordering a copy of your credit report.
2007-11-13 17:19:41 · answer #6 · answered by Echelon 3 · 0⤊ 0⤋
File a police report, and get an answer
2007-11-13 17:18:59 · answer #7 · answered by Anonymous · 0⤊ 0⤋