Chase/WaMu Fraud-friendlyness
July 22nd, 2009
Turns out that if someone compromises a merchant that you shop with, such as bikenashbar.com, then they are entitled to your money as long as they can show to the bank that they have your billing/shipping information. According to Chase it’s not fraud if they steal your address along with the card number. I recommend that people use a bank that protects their customer’s finances, one that isn’t called Chase.
July 22nd, 2009 at 10:08 pm
Details, please? Inquiring Chase customers want to know.
July 23rd, 2009 at 4:35 am
This sounds like a job for Consumerist.com. It’d be great to read a full write-up, and they’d love to publicize this kind of banks-gone-bad shenanigans.
Because of course what Chase is saying is a total crock.
July 24th, 2009 at 9:36 am
More bad behavior from Wamu/Chase:
http://consumerist.com/5322101/wamuchase-doesnt-believe-your-card-was-stolen-despite-the-fact-that-the-thief-was-arrested