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Fraud suspect received $10,000 from banks using bad credit card

January 29, 2010
Total Loss: $10,000
A woman using an invalid credit card and a possibly fake Arizona driver's license got $10,000 in cash advances at local Umpqua Bank branches Monday, prompting a fraud investigation by Medford police. Medford police Lt. Bob Hansen said the Umpqua Bank on East McAndrews Road reported that a $5,000 cash advance on Master Card was approved Monday afternoon before bank officials determined that the credit card wasn't valid. When managers discovered the problem, they called police to report a possible fraud.
Source: Mail Tribune
Posted in: Credit Card Fraud
Tags: credit cardunder 100k