Are you responsible for fraudulent credit card charges?

Fraudulent charges

As a general rule, . The federal government mandates that you can be held liable for only $50 of unauthorized charges, and many credit card companies even waive that.

This is if the credit cards were stolen. What may be the sticky point — in this awful, sticky story — is if the credit card companies want to argue that your friend gave the girl his credit cards or somehow authorized the charges.

This is not a legal opinion. Your friend should probably talk to another lawyer, ASAP.

More input from FAQ Farmers:

  • Here's a detailed explanation of what you're responsible for and how to dispute errors: http://www.card-fraud.com/consumer/Reg_FairCreditBilling.html
 

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