Credit Card Fraud

Credit card fraud is a wide-ranging term for theft and fraud committed using a credit card or any similar payment mechanism as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. Credit card fraud is also an adjunct to identity theft. According to the United States Federal Trade Commission, while identity theft had been holding steady for the last few years, it saw a 21 percent increase in 2008. However, credit card fraud, that crime which most people associate with ID theft, decreased as a percentage of all ID theft complaints for the sixth year in a row.
Posts about Credit Card Fraud
  • Identity Theft in Texas: Laws and Consequences

    … Demystifying Identity Theft in Texas Identity theft has increased rapidly because the popularity of online transactions makes it easy to steal a person’s identity. According to records from the Bureau of Justice Statistics, in 2014, 7 percent of Americans aged above 16 years were victims of identity theft. In 2009, reports by the Federal Trade…

    Matthew Sharp/ The Law Office of Matthew D. Sharp- 19 readers -
  • Internet Crimes in Chicago

    … to criminal charges and these include the following: Wire fraud Identity theft Credit card fraud Indecent solicitation of a minor Child pornography Craig’s list prostitution Phishing or spoofing Extortion Hacking of private information Copyright infringement In addition, you can face charges if you use the internet for electronic communications…

    criminaldefenseattorneyinchicago.com- 8 readers -