Man arrested for credit card fraud - Other News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most 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

Man arrested for credit card fraud
The content is accurate at the time of publication and is subject to change.

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.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

New Categories for Chase Freedom Cardholders
New Categories for Chase Freedom Cardholders

Posted: March 21, 2019

Four times a year people with the Chase Freedom Credit Card can earn enhanced rewards in key areas, and they have just announced the new categories. This coming quarter cardholders earn 5% cash back when they shop for groceries or at a… Continue reading

Mastercard Set to Buy Ethoca
Mastercard Set to Buy Ethoca

Posted: March 20, 2019

Credit Card security is something that everyone is mindful of these days, and in keeping with this theme, Mastercard is set to buy Ethoca, a company that specializes in helping both retailers and card issuers detect and resolve digital… Continue reading

American Express Set to Buy Lounge Buddy
American Express Set to Buy Lounge Buddy

Posted: March 19, 2019

American Express is well known for their Centurion Lounge network, and now they are upping the ante with the purchase of LoungeBuddy, a digital platform designed to help people find and book time in airport lounges around the world. While… Continue reading

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
For Excellent, Good Credit
Earn unlimited 1.5% cash back on every purchase, every day
For Average, Fair, Limited Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!