Credit Fraud Prevention - ID Theft Protection Service » Punishments http://creditfraudservice.org learn how to protect yourself from credit fraud and identity theft Thu, 10 May 2012 17:48:26 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 What are the consequences of credit card fraud? http://creditfraudservice.org/credit/what-are-the-consequences-of-credit-card-fraud/ http://creditfraudservice.org/credit/what-are-the-consequences-of-credit-card-fraud/#comments Wed, 01 Sep 2010 00:09:53 +0000 http://creditfraudservice.org/credit/what-are-the-consequences-of-credit-card-fraud/
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
]]> http://creditfraudservice.org/credit/what-are-the-consequences-of-credit-card-fraud/feed/ 4 My friend has commited credit card fraud, what will happen to him? http://creditfraudservice.org/law-ethics/my-friend-has-commited-credit-card-fraud-what-will-happen-to-him/ http://creditfraudservice.org/law-ethics/my-friend-has-commited-credit-card-fraud-what-will-happen-to-him/#comments Tue, 27 Jul 2010 08:46:11 +0000 http://creditfraudservice.org/law-ethics/my-friend-has-commited-credit-card-fraud-what-will-happen-to-him/
Alessandra asked:


My friend has commited credit card fraud in Illinois. He has no prior offenses and the charges to the card were at $500 or less. What are the most likely, possibly punishments he will recieve?

Vera
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