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Re:Criminals can guess Visa number and security code in six ... by tyingq on Sunday December 04, 2016 @01:48PM (#13101162)
It does, but the only allowable reason is "not authorized". Of course, for this type of fraud, that's the reason that matters.

Thought it worth mentioning though, because in the CC world, a lot of the fraud is return fraud. Like "Item Not Received" or "Not as Described" being used when they aren't true.

Re:Criminals can guess Visa number and security code in six ... by mjevans on Sunday December 04, 2016 @03:34PM (#13101654)
I wonder how much of "Item Not Received" is due to poor transport security, like delivering the item to someone's 'property' but just leaving it outside, unattended and unsecured.
Re:Criminals can guess Visa number and security code in six ... by tyingq on Sunday December 04, 2016 @05:20PM (#13102092)
That's part of it. The chargeback system is a complete joke, however. I had one guy that I was very suspicious about, so I hired a PI to see if the item was visible in his small business, and take a picture.

The tracking number showed the item delivered to the person, signed for with an known employee's name. I submitted this, as well as a picture of the item in the guy's shop. I still lost the chargeback. Got my revenge in the end though...see below.

A tip for anyone that's has a particular chargeback where they know they were screwed. If the issuing bank has any presence in your state...sue the cardholder's bank (or perhaps Visa/MC/AMEX) in small claims. In my case, Chase settled for the amount I sued for, which I made sure was on the high side. They don't like to spend money on corporate lawyers going to small claims.

Re:Criminals can guess Visa number and security code in six ... by seanp2k2 on Monday December 05, 2016 @03:07AM (#13104056)
First off, what a jerk, glad you got your money back. Second though, too bad you can't sue for damages in time wasted stressing out about this and having to file a lawsuit + likely do some research. Hopefully it was at least a few grand to make it worth your time. Hopefully also you appealed the first chargeback decision, which I'm guessing took at least a month or two.

Some people just seemingly think of creative ways to screw other people for fun, or because they figure no one will stop them.

Re:Criminals can guess Visa number and security code in six ... by metilda on Monday December 05, 2016 @03:58PM (#13109492)
Well, in most small claims court cases they can't send a lawyer, and have to send an employee who is unfamiliar with the case, which for a company like Chase may mean flying in an employee and putting them up for a night or two.