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The problem is that when fraud is committed, they do nothing and nobody prosecutes the party defrauding us all. My wife had someone steal her credit card number while at a hotel on an Arizona business trip. They had written her number down as the result of being at an expensive hotel. Two days after she checked out, fraud was committed at Ralph's grocery stores to the tune of $5,000.00!!!!!!!!!!!!!

The card issuer refused to investigate it because it most likely involved parties over the border. They told us to just fill out the form denying charges, and not to worry about it!

Now they want MY thumbprint? See what happens when you only selectively apply the law? You, the average Joe, have your rights violated completely.

The card issuer refused to investigate it because it most likely involved parties over the border. They told us to just fill out the form denying charges, and not to worry about it!

That is exactly the way it works!! And Ralph's grocery stores eats it to the tune of $5000.

Credit card companies (especially AMEX) are so anti-merchant, that if I had a buisness, I wouldn't even accept credit cards at all.

I totally agree with your point. Three years ago I had my wallet stolen out of my own office. I reported it to the police and all three of my cards(Visa, Master & Amex)within 2 hours. The guy that swiped my cards was able to use them in the local WalMart, Toys-R-Us and K-Mart to the tune of over $8000.00. When I personally contacted the manager of the Walmart, he looked up the sales and thru a stroke of luck one of them was rung up thru a back store counter that took pictures of all transactions. The manager told me to have the local police call and he would hand over the tape. I called the police and the credit card companies and to make a long story short, they did not get around to asking for the tape for 2 months( by then the tape had been erased). But the kicker was that 6 months after this episode I was contacted by the security division of two of the cards and the gentlemen no so subtly insinuated that the circumstances were highly suspicious of some sort of fraud on my part. I straightened both of those people out with a vocal and in your face phone call to their superiors but the whole episode left me with the real feeling that these credit card companies give lip service to these incidents and happily pass the cost of these thefts on to the cardholders