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:

The New Citizens Bank Cash Back Plus World MasterCard

Posted: August 17, 2018

Citizens Bank has rolled out their new Cash Back Plus World MasterCard, offering cardholders 1.8% cash back when they go shopping. This is an upgraded version of their previous card. With this new version, cardholders can earn unlimited ... Continue reading
Bonus for the IHG Rewards Club Premier Card Gets an Upgrade

Posted: August 16, 2018

Have you been thinking about applying for the IHG Rewards Club Premier credit card? If so, you may want to check it out now because they just increased the bonus - bumping it up from 80,000 points to 100,000 points. Cardholders get the ... Continue reading
Reeds Jewelers and Synchrony Launch New Credit Card

Posted: August 15, 2018

For some people, there is nothing better than earning rewards when buying jewelry, and now people who frequent Reeds Jewelers can do just that due to a partnership with Synchrony. This deal paved the way for Reeds Jewelers to launch their ... 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, or wholesale clubs 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.
For Excellent, Good Credit
0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 15.74% - 25.74% based on your creditworthiness
For Excellent, Good 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!