Who is responsible for reporting identity fraud?Choose one answer.
a. The victim of fraud
b. The police
c. Any of the three credit reporting agencies
d. The company that accepted a stolen credit card or false information

Answers

Answer 1
Answer: A. The victim of fraud is the one responsible for reporting identity fraud.

First and foremost, you are the only one who knows yourself. Not the police nor any of the three credit reporting agencies. So whenever something happens like purchases made using your credit card and you know for a fact that you did not use your card nor give permission to anyone to use your card, then you are a victim of identity fraud.

You must report to three major credit card bureaus. Call their fraud departments directly and request that a fraud alert be placed on your file. This will alert your creditors to contact you directly before any credit card purchased be made and confirm whether the transaction is legit or not.

You also must close accounts that you believe have been tampered with and file a police report. You must also contact your bank, card issuers, and other creditors personally to inform them of identity fraud at the same time protect you rights.
Answer 2
Answer:

Final answer:

The victim of identity fraud is responsible for reporting the incident, but it is also important to involve the police and credit reporting agencies. The victim should also notify the company that accepted the stolen credit card or false information.

Explanation:

The responsibility for reporting identity fraud lies with the victim of fraud. When an individual becomes a victim of identity theft or fraud, it is important for them to promptly report the incident to the local police. The police can then investigate the matter and gather evidence to help catch the perpetrators. Additionally, the victim should also report the fraud to the three major credit reporting agencies, namely Equifax, Experian, and TransUnion.

These agencies can place a fraud alert on the victim's credit report, making it difficult for the thief to open new accounts in their name. Lastly, in cases where a stolen credit card or false information was used, the victim should inform the company that accepted the fraudulent transactions. This allows the company to take appropriate action and protect other consumers.

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Answers

Answer:

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Explanation:

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Answers

Answer:

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Explanation:

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Answers

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Answers

Answer:

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Explanation:

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Answers

Answer:

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