Is it worth it? (go after credit card fraud people)

Just because that is the address the items were shipped to does not mean the thieves live there. Plenty of cc thieves have their stolen goods delivered to an elderly relatives address or a residence nearby where people work all day and the items are left on the porch.

It is inconvenient for the card holder but no loss to you. The banks recover their losses in processing fees, and business write-offs. They consider a certain amount of theft as the cost of doing business.

Once in a while a large enough ring of people can be connected to make the prosecution worthwhile. The Secret Service has had a credit card fraud group in most of their larger field offices for decades. They work with banks to identify larger groups and set up controlled deliveries to identify and work rings into prosecutions large enough to get the interest of the US Attorney.

Many of the overseas groups will identify lonely seniors or women and have them trans-ship the stolen goods out of the country.

Is it worth your time? If you can find someone locally who is willing to work the case, it might be worth your time. Otherwise, probably not.

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Originally Posted by Bowtie

You have no loss. Credit card company doesn't care enough or have a big enough loss to prosecute. If you went after them what would your goal be? It sucks but that's the way it is set up by the credit card company.

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Originally Posted by mtnrider

I might be way off on this but I would bet that any loss that your credit card company encores is passed back on to you (or merchants) or used as a tax write off (loss) There by penalizing us all.

I say shame on them for not going after these dirt bags. I bet they would change there tune if they couldn't write off all that loss at the end of the year.

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Unless the CC co wants to pursue charges the LE's will not do anything.
CC CO's have what they call Acceptable Loss. which is figured out to be approx $5-10K per customer. They write it off (interest rates passed on) and everyone goes their merry way. My last CC was hit for $4K. $2500 to 1 business in CA. the same time someone in Ill was buying lunch for whoever, to the tune of $700.
The "CSR" rep asked me Are you sure you didn't charge that amount to the business in CA? Lady if i did i am sure my lunch tab must be a mistake, OR while buying everyone lunch i was joy riding around CA, AT THE SAME TIME.
No one cares, No one Gives a Shit, fuck you fuck me fuck everyone.

Realistically i could steal someone's CC go on a spending spree, keep the charges under $3-400 per and walk. Look at express lanes in stores. Scan, Swipe, Steal. No way to check ID, No way to verify when your CC, as mine says C I D where a signature belongs. I asked the checkout girl, don't you want to see my ID? No sir not for any transaction under $50.
That $50 adds up real fast, bullets, primers, reloading manuals, on and on and on.

FSA has wiped out this country the last 20 years.
Don't hit you kid, Don't discipline them, DON'T DON'T DON'T.
DON'T WORRY BE HAPPY[Bang]

Nothing will probably happen from LE. IMHO you're wasting your time trying to gather evidence and investigate yourself for a prosecution. Had a card stolen locally and I literally gave the local PD a name, adress and had a merchant send video surveillance of the person using my card to them. Nothing happened and all I wanted was the dirtbag to go to jail so they couldn't do it to the next person. There's more important shit that LE has to deal with.

I'd try and track down a phone number for the residence. Shouldn't be too hard; our number has never been listed and I just entered our old address and phone number in Google and up pops my name and unlisted number. It could be a neighbor, some relative or someone who has no idea what happened but I'd still give them a call just to see what comes of it.

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Originally Posted by jim

FSA has wiped out this country the last 20 years.
Don't hit you kid, Don't discipline them, DON'T DON'T DON'T.
DON'T WORRY BE HAPPY[Bang]

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Are you happy Jim?



[Coffee]

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Originally Posted by Skully

Are you happy Jim?



[Coffee]

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I AM STOKED. Just received my AFFORDABLE HEALTHCARE PACKET.

see my thread. read it and weep suckers.

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Originally Posted by th3w01f

I'd try and track down a phone number for the residence. Shouldn't be too hard; our number has never been listed and I just entered our old address and phone number in Google and up pops my name and unlisted number. It could be a neighbor, some relative or someone who has no idea what happened but I'd still give them a call just to see what comes of it.

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That's old school. Credit card gangs typically have insider(s) in the shipping company (route driver) or forwarding address with fake ID and pobox.

Some even lease out an executive suite month to month and hit hundreds of CC at once. They are gone within a week or so.

No it's not worth it.

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Originally Posted by ChunkyMonkey

That's old school. Credit card gangs typically have insider(s) in the shipping company (route driver) or forwarding address with fake ID and pobox.

Some even lease out an executive suite month to month and hit hundreds of CC at once. They are gone within a week or so.

No it's not worth it.

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Could be but it would be worth 10 min for me to find out. Hell, it was worth 10 min for me to read this thread. :)

Quote:

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Originally Posted by th3w01f

Could be but it would be worth 10 min for me to find out. Hell, it was worth 10 min for me to read this thread. :)

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Now post a reply in the COSTCO thread. that will kill the rest of your weekend;)

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Originally Posted by Skip

Nice blue STI in the driveway. Sure would be a shame if $500 worth of damage happened to it.

Too bad there isn't a service that could deliver remote justice. Oh, is that a crime? Well I guess he could down to the PD half a mile away and report it.

(I hate thieves, if you couldn't tell)

I hope it works out for you OP. You should be protected through your CC company/bank.

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wrong house, look across the street. they have the mini-van and the flat bed on the pickup truck.