LawRato

How to deal with credit card fraud


16-May-2023 (In Cyber Crime Law)
I unfortunately provided my cvv on phone to a person who was not a banker. 80k transaction swiped on my credit . As soon as recd the msg I blocked the card. Also lodged police complaint in Thane and cyber Thane. I don't what to do next I can't pay this amount. Please guide.
Answers (3)

Answer #1
800 votes
You cannot have lost 80k without revealing your PIN number. You will have to share the complaint which you filed with police station and cyber cell so that I can advice further as the details provided by you are incomplete.
Answer #2
647 votes
we need to formally intimate the credit card company about this fraud by way of legal notice. the charges for the same are 3000 INR.

you may contact my office for a formal appointment and we shall tackle this.
Answer #3
825 votes
If it is not more than 5-7 days since the incident, you can ask the bank and the merchant to freeze the transaction.
Also, if any neglegence on the part of the bank is found, the bank can also be asked for compensation or in this case waiver of the sum credited.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."