Herbert Graf wrote:
> That said, I do know people who have had fraudulent transactions and
> there was no problem. They simply got their bill, noticed something
> wrong, called their card issuer, and the after a day or two the charges
> were removed. These days the issuers are more proactive, often calling
> the person asking if they made this or that transaction when something
> is not right.
>   


I'm very skeptical of that. Immediately I start thinking of ways to 
abuse the system. For instance, let's say I decide to go buy a 
Playstation 3 tomorrow. Then when I get my credit card bill, I'll ring 
them up and say I never bought it. Brilliant. Free Playstation. This is 
what leads me to think that the credit card company must at least do a 
little bit of investigating. And what if there's no CCTV in the shop so 
they can never verify who bought it? Sounds way too easy.

So long story short, I'm not going to spend a month of my life trying to 
prove that I didn't buy 17 plasma TV's.

If someone has your credit card number, it's tantamount to giving them 
your cheque book and then giving them a stamper for your signature. They 
can make whatever charges they like. It's ridiculous.

-- 
http://www.piclist.com PIC/SX FAQ & list archive
View/change your membership options at
http://mailman.mit.edu/mailman/listinfo/piclist