What is credit card fraud?

Credit card fraud is a type of consumer fraud that involves the unauthorized use of a person’s credit card to make purchases or withdraw money without their permission. It can involve the theft of someone’s physical credit card, the fraudulent use of an existing credit card number, or the use of fake account details to obtain credit. In Texas, credit card fraud is considered a form of theft and is subject to both civil and criminal penalties. The most common type of credit card fraud involves the unauthorized use of someone else’s credit card to purchase goods or withdraw money. In Texas, this is classified as “theft by deception” under the penal code. If found guilty, the defendant may face a fine of up to $10,000, a jail sentence of up to two years, or both. In some cases, a person may be convicted of credit card fraud even if they did not actually use the credit card to make a purchase. For example, if someone had a stolen credit card in their possession, they can still be charged with credit card fraud in Texas. The penalties for credit card fraud in Texas can be quite severe, as the state takes such offenses seriously. As such, anyone accused of credit card fraud should speak to a qualified attorney as soon as possible to discuss their case and the potential legal options.

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What is credit card fraud?

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