Credit Fraud Prevention – ID Theft Protection Service

Guru asked:


Do local police seriously investigate credit card fraud?
For amounts say around $700 do local police departments investigate credit card fraud or do they not usually bother? At what amount do they care?

How about bank companies and credit card companies, do they investigate it for amounts around $700.

My card was stolen last week and although they said I will be reimbursed, I was just wondering if they will investigate such a small amount. The card was stolen to make purchases online, so there is no real identity of hte person, will they be able to track them down?

How long does it take to investigate?

Randy

Josh H asked:


My teacher in my Economics class gave us a handout and we need to research on this. A man at his workplace took down credit card information, and used it to purchase an item online for 180.00. What we have to find out is if it is likely this case would be investigated, and what the consequences or punishments are for this action, as well as how likely he’d be caught. Does anyone know the details? Would an insurance agency typically not go full out on a transaction this low? In my opinion, i would think not because it wasn’t a HUGE amount of money but I may be wrong.

Kim

mshellrosie asked:


What are the types of credit card fraud and what is the best way to prevent it? Just wondering since I just saw on my credit report that my ex husband had used my social security number, on all things, doctor’s bills and never paid…and this was 4 years AFTER the divorce.

Jessie

hollyrub asked:


A relative may of committed credit card fraud and I was wondering if the bank would ask that the debt be paid, or drop the issue at a certain dollar amount, or have law enforcement intervene. If law enforcement was to get involved, what would they typically do?

Walter

John B asked:


I got a letter from a company their credit card database had been accessed illegally and that the credit card I used may be at risk for fraud. They recommended that I contact my bank to cancel the card I used to purchase one of their products online. I called my bank immediately and had the card canceled and had another one issued. Now a month laster I’m looking at my credit report and there is a derogatory mark on my credit report from my bank saying that the card was lost or stolen under 2 of the 3 credit reporting agency’s. .
Is this correct? Do I get penalized for reporting possible fraud to my credit card?

Ann

lida asked:


so i just found out that someone got hold of my ssn # and was using it for a phone bill…and they ran it up to 700 dollars..and i got a letter in the mail saying i owe 700 dollars..ive called the credit bureas and reported the fraud..is this going to go off my record or am i stuck with someone elses doing?? im really upset that someon e would do that to me.. im suppose to file a police report..anyone have any helpful hints or things i can do so i dont have to pay this bill and so that it wond go on my credit

Debbie

MOMMYS-TWINS-ARE-IN-HEAVEN asked:


I have fraud charges on my chase cards, and i believe my sister is the reason behind them. Shes only 16, so i dont wanna press charges, and im HOPING that the credit card company wont really investigat it like that.

But how long will it take to investigate it, and do you really think they will pull the atm picture to see if its her. It was only 600$$

thanks alot

Nellie

cra-Z asked:


Okay so say I have something on my credit card that should not be there. And it was ordered online. Can I call the credit card company and find out what address it was shipped to? Or is that not possible?

Tyrone

DW asked:


I recently started receiving mail at my home address but not addressed to me or the previous owner. Normally I wouldn’t care – but I am receiving credit solicitations. Does this mean that someone is applying for credit using their name but possibly my address?
I have not received anything other than solicitations- no bills, statements, etc.
Do I need to be concerned?

Billy

camdensmommy07 asked:


I did my free annual report on my credit, and it states that I opened a mortgage when I was 9 and a car loan at 11. I know its my dad that used my information. I am sure of it, but How do I find out more about it like what state the house was in and things like that?

Esther