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A comment on How I Busted a Thief Who Tried to Sell My Camera on Craigslist . Parent comment

Re:How I Busted a Thief Who Tried to Sell My Camera on Craig... by jlgreco on Sunday April 07, 2013 @12:30AM (#5506112)
The liability for the card holder is limited by law to something like $50. Whether the credit card company eats the loss or wether the merchant gives them the money back depends I believe on how much information the merchant collected about the transaction. My impression is that usually the merchant eats the loss.
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Re:How I Busted a Thief Who Tried to Sell My Camera on Craig... by gonzo on Sunday April 07, 2013 @06:04PM (#5508965)
it is almost always the merchant that 'eats' the loss.

edit: the credit card companies and merchant banks have the ability to 'reach back' for a number of months.

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