What is the sentence for credit card fraud?
The sentences for credit card fraud are steep and are getting steeper. Credit card fraud is becoming more and more prevalent as people are becoming more and more sophisticated about the ways they use to steal from others. The FTC or Federal Trade Commission, one of the reporting bodies for credit card fraud, received over 300,000 identity theft complaints during 2008. Of those, credit card fraud was the most common type of identity theft experienced. It is affecting an alarming number of people. In fact, most people know of at least one person who has been the victim of some type of credit card fraud (Source: FTC.gov). Credit card fraud comes in a variety of formats. It can be someone stealing your actual credit card and using it. They may steal the card before you ever receive it or they may steal one that you use regularly. It can be someone taking out a completely new credit card in your name and making purchases with it, in which case it can be quite a while before you even realize
