ID Theft -- Courtesy of the FAA

Taylor Hughes wrote:
Ron Natalie wrote:
The airplane database is public knowledge. Use a corporation if
you want anonymity.

States allow the public to find the registered owners of corporations (or
members of LLC). Some states make this really easy to do online.

Wyoming is allegedly one of the best to incorporate when it comes to
privacy. Stockholders are not revealed to the state:

http://www.corporationstoday.com/compare.html#compare

Taylor Hughes wrote:

That is why it behooves merchant to diligently check those signatures
and hang on to receipts with the signatures on them. If they accept
credit cards without signatures (e.g. at a self-fueling pump) the
risks are increased and the benefits of increased legitimate sales
need to offset those risks.

Which almost none of them do. I know this because written next to my
signature on all of my cards are the words, "Check ID" in bold print. If one
were to look at the signature they could in no way miss it.

In the 15 - 20 years I have been putting this on credit and debit cards only
once has it ever been done.

"Taylor Hughes" wrote in message
...
Dennis Johnson wrote:

I'm also confused by this. If the thief paid by credit card at a
self-serve
pump, the FBO will get paid by the credit card company, no matter what.

Absolutely false. If you are a merchant and you accept a credit card that
proves to be fraudulent, sorry for you. The issuing bank will issue a
charge
back to your bank and you will have the charges reversed. Plus you will
pay a
significant charge back fee. If the situation happens automatically the
fees
can go up and you can lose your merchant account.

Depends on the card.


That is why it behooves merchant to diligently check those signatures and
hang
on to receipts with the signatures on them. If they accept credit cards
without
signatures (e.g. at a self-fueling pump) the risks are increased and the
benefits of increased legitimate sales need to offset those risks.

So which is it? Signed or swiped?

How about if they accept a fraudulently issued card?

Remember, the topic was (originally) a falsely obtained card, not a stolen
one (of course, the OP meandered back and forth so many times...).

Gig 601XL Builder wrote:

Taylor Hughes wrote:

That is why it behooves merchant to diligently check those signatures
and hang on to receipts with the signatures on them. If they accept
credit cards without signatures (e.g. at a self-fueling pump) the
risks are increased and the benefits of increased legitimate sales
need to offset those risks.

Which almost none of them do. I know this because written next to my
signature on all of my cards are the words, "Check ID" in bold print. If one
were to look at the signature they could in no way miss it.

In the 15 - 20 years I have been putting this on credit and debit cards only
once has it ever been done.

No argument with your observations, but sorry for the merchant who didn't bother
to check if there is a dispute.

Matt Barrow wrote:

"Taylor Hughes" wrote in message
...
Dennis Johnson wrote:

I'm also confused by this. If the thief paid by credit card at a
self-serve
pump, the FBO will get paid by the credit card company, no matter what.

Absolutely false. If you are a merchant and you accept a credit card that
proves to be fraudulent, sorry for you. The issuing bank will issue a
charge
back to your bank and you will have the charges reversed. Plus you will
pay a
significant charge back fee. If the situation happens automatically the
fees
can go up and you can lose your merchant account.

Depends on the card.

Not really.





That is why it behooves merchant to diligently check those signatures and
hang
on to receipts with the signatures on them. If they accept credit cards
without
signatures (e.g. at a self-fueling pump) the risks are increased and the
benefits of increased legitimate sales need to offset those risks.

So which is it? Signed or swiped?

Very rarely are cards accepted in person (e.g. not online/phone order) with a
signature that haven't been swiped. This is usually only permissible if the mag
strip can't be read for some reason. A few merchant cat. codes require swiping.



How about if they accept a fraudulently issued card?

The proof is in the pudding.



Remember, the topic was (originally) a falsely obtained card, not a stolen
one (of course, the OP meandered back and forth so many times...).

I read the whole thread and it wasn't clear to me that a card had been obtained
falsely.