How Often Do Credit Card Frauds Get Caught? Find Out

Sometimes most of us wonder how often do Credit Card frauds get caught? Especially considering the fact that despite the banks and the police claim that things have been done against these Credit card theft, but yet the financial crime of stealing Credit Cards or spying on someone’s Credit Card still seems to be on the rise.

In this article, we will be answering this type of questions. And at the same time, telling you everything that you need to know regarding credit card frauds, how often do credit card frauds get caught, will the bank help to find my stolen credit card? And lot of others.

So without having to bore you with much of the narratives, let us see what is Credit Card fraud.

What Is Credit Card Fraud?


Without trying to sound redundant, a Credit Card fraud is a type of fraud that basically has to do with Credit Cards.

According to Wikipedia, “Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card.” Usually, these are punishable offence by the government.

How Does Credit Card Fraud Work?


Just like I had stated earlier and I had provided the definition of Wikipedia, which also portrayed the term Credit Card fraud as a type of fraud that happens whenever a fraudster or a thief uses other peoples Credit Card.

Usually, the fraudster uses the acquired card to make purchases in the name of the card owner.

This also includes making use of the details on the Credit Card that is not yours, basically for theft

Including the Credit Card number, the CVV, Card expiration date and then most times, including the Credit Cards pin.

Types Of Credit Card Fraud


There are basically numerous types of Credit Card frauds available and whereby most fraudulent activities involving Credit Cards fall under. Below are the various types of Credit Card frauds –

Card Not Present Fraud (CNP) 


Like the name implies, this is basically a type of Credit Card fraud commuted without even having  to have or be with the Credit Card as at the time of perpetrating the fraudulent act.

This type of Credit Card frauds are mainly online or over the phone has they have nothing to do with the physical card.

Counterfeit And Skimming Fraud


Unlike the Card not present type of Credit Card fraud, the Counterfeit and Skimming Credit Card fraud actually plies on your ignorance of the Credit Card skimmer which can then create a duplicate of your Credit Card after it had gotten your Card details via your Cards magnetic stripe.

False Application Fraud


Another type of Credit Card fraud is the “False Application Fraud”. This is the type of Credit Card fraud whereby someone else applies for a Credit Card using your identity.

The harmful side regarding this is always that your Credit score often get ruined as the perpetrator will get some cash using your identity.

How To Prevent A Credit Card Fraud


After knowing the different types of Credit Card frauds available, one might wonder the different ways available on how to prevent a Credit Card fraud. Below are ways on how to prevent a Credit Card fraud –

  • Do not drop your Credit Card at suspicious website or at any suspicious places. Chances are that they could be Credit Card frauds.
  • Do not give you Credit Card details to suspicious messages or mails
  • Do not discard documents containing your Credit Card details except you are sure or witnessing the details being totally destroyed.
  • Check your report statements. This is one of the best ways to know if anyone has been using your Credit Card without your knowledge. 

How Often Do Credit Card Frauds Get Caught?


Unfortunately, Credit Cards frauds do not get caught often. As a matter of fact, the chances of a Credit Card fraudster getting caught by the law enforcement agency is not even up to 5%.

And the reason for this is simply based on the way these fraudsters carry out this activities.

Also, this is more of a reason why you should take proper care of your Credit Card especially considering the fact that the fraudster might never get caught at all.


Will I Get Caught Using A Stolen Credit Card?


Yes, there is a high chance that you might get caught using a Credit Card that is not yours especially if it is stolen.

But there is close to zero chance that you will spend some time in jail if you return the Credit Card back to the owner.

How Long Do You Go To Jail For Credit Card Scamming?


The length of time in which one spends in jail for carrying out an offence of Credit Card scamming is usually dependent on the law of the country.

However, in most states in the United States and across several places in the world, Credit Card fraudsters may spend over 15 years in jail if they are found guilty of Credit Card fraud.

Can The Bank Or Credit Card Company Find Out Who Used My Credit Card?


Not exactly. Your bank or the Credit Company, can only help you to track the Credit Card.

This includes knowing when the Credit Card was last used, where it was used and also, how much of your Cash was spent.

But aside from this, the Credit Card company cannot identify the face of the person who used your Credit Card. You could involve the police to help you out.

Do Credit Card Companies Try To Catch People Who Commit Identity Fraud?


Yes, that is if and only if you lay a complain. However, the truth is, while this Credit Card companies or bank will not totally catch the person who is trying to commit an identity fraud on you, they can help you to track down this person based on how they use your Credit Card detail.

Most times, they only get to do this when the police is involved.

Do Police Investigate Credit Card Theft Under 500 Dollars?


Yes, the police investigate theft under 500 dollars. As a matter of fact, not only does the police investigate theft of this amount, they investigate any Credit Card fraud case as far as they have been alerted about it.

This includes Credit Card cases worth about $50, more or even less.



Credit Card fraud is a very serious offence. But the unfortunate part is that as serious as it is, there are chances that the culprit might not even get caught.

In this article, I have shared with you everything that you need to know regarding Credit Card frauds. And also, providing answers to the question, how often do Credit Card frauds get caught and lot more.