Credit Card News
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » News » Other » Man arrested for credit card fraud

Man arrested for credit card fraud

By
Add to Favorites:
Man arrested for credit card fraud

Authorities have captured a man for multi-level credit card scam. Larry Davis Jr. Davis was arrested by authorities and was charged with theft. The Bogalusa Police Department is also looking for the other suspects. According to Major Joe Culpepper, the man who was arrested does not work alone. There are other individuals to help him use credit cards to deceive people and companies.


The Bogalusa Police Department started to track the people behind the credit card fraud after several credit card companies reported that some of their cards were used illegally. Culpepper also added that the actual use of one of the duplicated cards was caught by a CCTV camera inside a grocery store.


The video that was shown includes a woman who used the card to buy her goods from the store. Due to the fact, the scanner was not able to read the credit card, the woman entered the numbers manually. This prompted the cashier to ask the security details from the woman. But the woman had an answer to the security questions.


Culpepper then warned the public that people who are engaged in credit card fraud and deception have the ability to answer and process security questions from the card. He also added that the information needed for each credit card stolen or illegally duplicated can be easily accessed by other people. Moreover, the numbers in each credit card that are being used by fraudsters belong to actual people. They do not even know that their credit cards were duplicated or stolen.


For several months, authorities have tracked and recorded the woman`s usage of the fraudulent cards in almost 50 establishments in some parts of Mississippi and Louisiana. The woman is said to have a rose tattoo near her chest. Davis claimed that he is not associated with the woman. He does not even know her name and where the woman lives. The authorities are looking at whether this is true or not.


Culpepper also noted that the David and the woman are not the only persons that they are focused on. There are also other fraudulent people who might be employing credit card frauds and tactics. In the two states alone, more than $60,000 has been reported to be a stolen due to credit card fraud. He said that businessmen and other people should become extra cautious in every transaction, they make using credit cards.

Add to Favorites:

Related News:

Millennial Small Business Owners Doing What it Takes

By Dar Dowling, Posted: July 22, 2016

When it comes to growing their small businesses millennials are willing to go the whole way, according to a new study, whether that means taking risks or taking on more debt to make their long term goals a reality. Continue reading
Visa Olympic Lounges

By Dar Dowling, Posted: July 21, 2016

Visa Chase United cardholders can celebrate with Olympic athletes in five Visa VIP Lounges, offering everything from taking part in Olympic Games-themed giveaways to sampling Brazilian food and beverages. Continue reading
Walmart Pay is Everywhere

By Dar Dowling, Posted: July 20, 2016

For those looking to pay faster and easier when shopping at Walmart the news that Walmart Pay is now fully rolled out is likely great news. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
1% cash back on select purchases, terms apply
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit