Who's Selling Credit Cards From Target
A lot of value of stolen credit cards comes from the reluctance of businesses and law enforcement to go after the users of such stolen cards, as the transactions are "small" - sub-1000$.<p>Last year, I had four fraudulent transactions appear on my card. I am a very cautious user - Linux on the desktop, seperate user and browser profile for e-shopping etc. This was the first time it happened in over 15 years of extensive online card-use.<p>Two of the transactions were with Netflix to register new streaming accounts. I called up Netflix, and within a couple minutes had a block placed on my card and both the accounts deleted with refunds to my card.<p>The other two transactions were on frys.com. One was for a laptop and the other, much higher value, for a smartphone. Shockingly enough, while one transaction got security flagged and did not go thru, the laptop one cleared and the laptop had been shipped out before I contacted frys. Frys rep told me on the phone that the information submitted was very clearly and obviously phony - the email address was a string of random letters @gmail.com, name etc everything was fake. Even with the credit card info, the only piece of correct info was the credit card number. No CVV was submitted, no correct billing address, not even the name on the card was correct. Heck, as my credit card is NOT US based, even the country of the card was not correct. Yet Frys shipped it.<p>I tried to get more information about the fraud but frys refused: they told me point blank, that they will not give me information, they will not initiate a police case, and they will not refund my money even though they were clearly at fault for having the transaction to go thru.<p>I, not being based in the US, had few options. I filed an online police report with San Jose police, where Frys is based. I also filed an online report with the FBI online fraud division. Both of them assumed I was filing these reports for insurance/reporting purposes, but told me outright that no investigation would take place.<p>Later, when my bank provided me with more info about the fraud I found out that frys actually challenged my chargeback and provided the transactions details to my bank. As expected they had no case, but I found out from the details that the laptop had been shipped to an address in Abilene, TX. I immediately registered an online report with the Abilene PD as well.<p>None of the authorities were interested in following up. Considering how trivial it would have been to atleast checkup on the address, this seems like a bad lapse.<p>I believe it creates a moral hazard: In the end, frys was the one that was out a few hundred dollars, and they refuse to prosecute. Police does not act on my complaint. Once it becomes known that a company has such lax policies, its open season.