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Posted by / 22-Sep-2017 08:05

The key is to reach out to the fraud handling department/authority of the Merchant in 24 hours giving details of transaction that was fraudulent.No merchant would like to do business with a stolen card.They asked for the card details and when they were convinced they promptly blocked the transaction and reverted the amount which reflected in victim’s bank account in a couple of days.Every victim may not be lucky as in this case but one can always try to reach out to the merchant through whatever possible way and give them the real picture.They will readily block the transaction and revert the amount.

The victim then convinced them that the transaction was fraudulent.The chances of you getting your money back then become stronger.In some cases like money transfer to individual through Pay Pal or some other benefits it is bit difficult to get back the money.Usually they will redirect the victim to go to police for further help.From my opinion police will also not be able to help you much in this case as often such financial frauds happen far away in a different country.

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