How does bank get paid for fraud claims?
Q. If there was a fraud where someone used your personal info to open a paypal account and used your own bank account and took your money (by transferring it from bank to paypal, then pocketing the money), and you told both paypal and bank about the fraud, and your bank took charge and put the claim and gave you the money back. Who pays the bank for that money? Does the bank make paypal give them the money? Or do banks get so much money per year (or whatever) for fraud claims?
Asked by Iceshowers - Mon Sep 14 23:47:44 2009 - - 1 Answers - 0 Comments

A. First, Paypal is not a bank and they are not bound by any banking laws. Your bank will likely get the money back from Paypal. Make sure that you file a police report. The fact that someone was able to get your banking information is a problem and you want to make sure that there is a paper trail (police report) for the next time. I would suggest that you close the account and open one at another bank.
Answered by charles w - Mon Sep 14 23:56:57 2009

Is it fraud to send in multiple rebates under different addresses?
Q. This is for a Pert Plus rebate. If I use my address and my sisters address (using her name), and send in for the same rebate in different transactions, is that fraud? I will be using two separate receipts that I send in.
Asked by MLeinart7 - Sun Sep 21 00:42:39 2008 - - 3 Answers - 0 Comments

A. No dude.. its two different rebates, so you are legally entitled to both of them.. Who cares, send them under the same address, you are entitled to both of the rebates unless stated otherwise in the receipt or rebate form.. hope I helped
Answered by Mana Abdulla - Sun Sep 21 00:53:32 2008

How to place a fraud alert on my credit report?
Q. i have gone through all three credit sights in order to place a fraud alert on them. yet i am not able to find it anywhere. is there anyone out there that can give me the links to place a fraud alert on my credit with all three bureau's. and if there isnt a way to do this online can someone explain to me in detail on how i can do this in writing? great answer EngProf. but how do i go buy getting what i beleave is fraud off of my credit report?
Asked by Tony G - Mon Jul 21 01:33:33 2008 - - 1 Answers - 0 Comments

A. I contacted each of the bureaus by telephone and asked the automated voice prompt to place a flag for fraud alert on my file (they had that automated option on each of numbers I called). I got a notice in the mail a few weeks later. Good luck with that. TransUnion Fraud Victim Assistance Department Phone: 800-680-7289 Fax: 714-447-6034 P.O. Box 6790 Fullerton, CA 92634-6790 Equifax Consumer Fraud Division Phone: 800-525-6285 or: 404-885-8000 Fax: 770-375-2821 P.O. Box 740241 Atlanta, GA 30374-0241 Experian Experian's National Consumer Assistance Phone: 888-397-3742 P.O. Box 2104 Allen, TX 75013
Answered by EngProf - Mon Jul 21 01:44:00 2008