marketwatch.com — Experts asked tech-product engineers, analysts, even a former identity thief - what they do to stay safe, both online and off. Abagnale is one such expert, who after five years in jail taught the FBI how to catch white-collar criminals. His story was the basis for the 2002 movie "Catch Me If You Can" starring Leonardo DiCaprio.
Jul 1, 2007 View in Crawl 4
andrewm1Jul 2, 2007
Nope. When your credit card is used fraudulently, your liability is limited to $50. A thief can use your debit card to drain your entire account balance, and you can't do jack about it...The difference is because the debit card connects directly to your bank account, and actually allows you to take money out. A credit card just puts it on a bill for later. One can cancel a credit card charge, but with the debit card, once your money's gone, it's gone.
whainesJul 2, 2007
Watch the movie, it's good!
krebcycleJul 2, 2007
It entirely depends on your contract with your bank in both credit card and debit card scenarios. VISA has a guarantee where all credit cards issued with their logo have (or had.. i'm not sure if it's true anymore) 100% fraud protection IF your claim was accepted. Mastercard has no such guarantee; I was screwed once when a houseguest applied for a mastercard in my name, and maxed it without me knowing about it. I got the bill a couple of weeks after they had moved out, and claimed fraud, and was denied. In any case, read the fine print.
gigglestickJul 2, 2007
Wait, so he makes a good living by fraudulently claiming to be a former fraudster? I think my head just asploded.
mon243Jul 2, 2007
The advice i needed. I've had 2 identity theft incidents this year! both from my debit card...
jackmacokcJul 3, 2007
I caught him. Do I win a prize? He lives here in Tulsa, OK, on Oswego Place: <a class="user" href="http://maps.google.com/maps?f=q&hl=en,+o&sll=37.0625,-95.677068&sspn=46.092115,77.607422&ie=UTF8&ll=36.048513,-95.932606&spn=0.002889,0.004737&t=h&z=18&om=1">http://maps.google.com/maps?f=q&hl=en,+o&sll=37.0625,-95.677068&sspn=46.092115,77.607422&ie=UTF8&ll=36.048513,-95.932606&spn=0.002889,0.004737&t=h&z=18&om=1</a>
slapthemonkeyJul 3, 2007
Quite interesting...Though, I am scared.