questions & answers

Question: In October 2015 someone stole my debit card I called and told them it stolen and canceled it I received a new one and something wasn't right still. I know who stole out of my bank account I tried to make a police report but the cops wouldn't let me about a month later a sheriff came to my house and said there was least my debut card theft investigation and to com down to the cop station and talk I gave them all my info regarding my debit card he said it wasn't in his jurisdiction and a different pd would get back To me no one will help me and the Banks won't do anything either. What do I do?

Answer: If the physical debit card was stolen and you report the fraud within two days you are only liable for $50. If you wait 2 days to report the fraudulent charges after you learn about them and less than 60 days after the statement is sent to you, you are liable for $500. If you wait more than a month you are liable for all of the fraudulent charges. If only the debit account number was stolen you are not liable for any of the charges if you report it within 60 days of the statement being sent to you. (https://www.consumer.ftc.gov/articles/0213-lost-or-stolen-credit-atm-and-debit-cards)

After you report the charges to your bank, it is not necessary, but it is a good idea to report the crime to the police. It may take time for the police to investigate. If there are higher priority crimes they may need additional time to investigate your case.