We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Can't go to the police for cheque/credit card fraud now ...
Tirian
Posts: 999 Forumite
http://www.apacs.org.uk/media_centre/press/30.03.07.html
This could potentially have an impact on cases of fraudulent Paypal chargebacks - if you now go to the police about one of these, it looks like the chances are that they will just tell you to report it to your bank.
The banks will then decide which - if any - cases they think are worth passing on to the police. Which is bad news for Johnny Public, and good news for Johnny Scammer since banks will inevitably have a much higher tolerance level for fraud than individuals, as they factor a certain level of loss through fraud into their margins.
I'd hazard a guess that any Paypal / Ebay fraud for less than £200 - £300 will now be completely ignored by the banks, and therefore will never reach the hands of the police at all.
Think I'll give up selling on eBay, and take up scamming instead - not only is it more profitable, it seems that now it is going to be easier and safer too!!
This could potentially have an impact on cases of fraudulent Paypal chargebacks - if you now go to the police about one of these, it looks like the chances are that they will just tell you to report it to your bank.
The banks will then decide which - if any - cases they think are worth passing on to the police. Which is bad news for Johnny Public, and good news for Johnny Scammer since banks will inevitably have a much higher tolerance level for fraud than individuals, as they factor a certain level of loss through fraud into their margins.
I'd hazard a guess that any Paypal / Ebay fraud for less than £200 - £300 will now be completely ignored by the banks, and therefore will never reach the hands of the police at all.
Think I'll give up selling on eBay, and take up scamming instead - not only is it more profitable, it seems that now it is going to be easier and safer too!!
For where your treasure is, there will your heart be also ...
0
Comments
-
So fewer crimes will now be reported to the Police.
Will we shortly see the numpties who masquerade as a government proudly announcing how their policies have reduced fraud? :rolleyes:0 -
Ha .. hadn't thought of that. More than likely!For where your treasure is, there will your heart be also ...0
-
This could potentially have an impact on cases of fraudulent Paypal chargebacks - if you now go to the police about one of these, it looks like the chances are that they will just tell you to report it to your bank.
I usually contact the news media about any nice, juicy fraud rampant on eBay or PayPal stories. They often run them on "slow" news days as fillers. I also write "letters to the editor" of the local rag in a scammer's home town to warn residents that a crook lurks in their quiet neighbourhood. This is after I've filled a Police complaint so when the editor calls for confirmation - they'll get the standard, "can't comment on an ongoing investigation" rather than "don't have any information". All designed to slowly build pressure for more Police resources being put into investigating online fraud - one of the UK's growth industries :-)"Money is truthful. If a person speaks of their honour, make sure they pay in cash."0 -
I too see this with a slight conspiracy spin. Credit card and money fraud has been increasing even with the advent of chip and pin, so if these crimes are now downgraded to being just a bank matter the Government can claim to have cut fraud.
Suspicious moi?I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards