credit card fraud – pressnews

[ad_1] In a bizarre case of cyber fraud, a group of fraudsters allegedly procured PAN details of several Bollywood actors and cricketers from their GST Identification Numbers which are available online, and got credit cards issued in their names from Pune-based fintech startup 'One Card'. Some of the celebrities whose names and details were used by the fraudsters are Abhishek Bachchan, Shilpa Shetty, Madhuri Dixit, Emraan Hashmi and Mahendra Singh Dhoni, Deputy Commissioner of Police (DCP) of Shahadra Rohit Meena said. "Since investigation into the matter is underway, we cannot comment further on it," Meena told PTI. The company got wind of the fraud subsequently but not before the fraudsters used some of these cards to purchase products worth ₹21.32 lakh. It immediately alerte...

[ad_1] Last year, one of my family's credit cards was used to rack up hundreds of dollars in bogus charges at Apple.com. Another card was compromised four times in a row, as thieves repeatedly charged merchandise and Uber rides. We ultimately got our money back, but repeated credit card fraud can be frustrating and disheartening. Dealing with the aftermath taught me to prize security over convenience, and to change some bad habits that made me an easier target. THE CLOCK IS TICKING ON CREDIT CARD FRAUD Under the Fair Credit Billing Act , consumers have 60 days after bogus charges show up on a statement to report them to the credit card issuer to avoid most liability, says attorney Amy Loftsgordon, legal editor at Nolo, a self-help legal site. (The law limits a consumer's liabili...

Tag: credit card fraud

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