You ever been robbed or scammed? In my entire life, I've personally lost under 250 bucks to theft. I know I've paid a lot more in taxes to support the police... hence, the police cost me more. It is the same with a majority of people.uh... people are not very smart.
Crooks cost people more. The debt in CC theft is in the billions if not trillions. Not only is there the CC theft but the person's identify which also costs consumers money. The Russians are probably the worst offender, if not China, in credit card fraud.
This is a brief on how banks work on fraud
Scammer steals money.
Customer sad, reports theft.
Bank returns credit to the persons account, does nothing to apprehend the criminal.
Customer happy.
Done.
Trying to investigate or find the criminal of the theft costs more money than to let the money go.
I've personally had my credit card number stolen and used for a world trip, of which the person did take the trip before the chargeback/fraud report completed. Some Arsehole took a world trip on Emirates airlines, yes the one from Arab country, to other places. France to Arab, Arab to India, India to China, China to Arab, Arab to France. Of course the person would get on in Arab country and do what dirty stuff he needed to do. Makes you wonder if the person wasn't part of the terrorist group which attacked India a while back.
If by criminals, you mean the Obama Administration and most of Congress.... then yes, I see your point.Even though the bank issued credit back, the money was taken from the bank's insurance or set as a loss to the bank.
Don't you see criminals are the ones sucking the life out of our economy along with the people who mismanage their money? :/
Cops are paid, when people by taxes, directly by the people.
Criminals take away from our economy, hurting everyone.
I should note some cops are paid directly by the state, depending where you live. Some places don't even have a local PD and leave such work to state troopers.
Where are cops mentioned in any of the documents that "set up" the United States?...
I'd love to hear your view of how the USA should be set up.
But didn't we pay the cops to do the investigating?This is a brief on how banks work on fraud
Scammer steals money.
Customer sad, reports theft.
Bank returns credit to the persons account, does nothing to apprehend the criminal.
Customer happy.
Done.
Trying to investigate or find the criminal of the theft costs more money than to let the money go.
So, if the cops took your money on a promise to catch bad guys, and if the cops failed to live up to that promise by running off and chasing speeders and drug users, haven't they also stolen your money?smoking,
Nope, the buck is passed to the consumer as a loss to the bank/or insurance. There is zero investigating done in such incidents. There are only reports of the theft.
They didn't include the option: 'LAWYERS' who increase the cost of doing business by making many industries take uneccesary steps to avoid lawsuits. Or insurance companies, who payout frivolous lawsuits instead of fighting them.
This is precisely why I voted Crooks. IMO, federal spending and taxes = theft.If by criminals, you mean the Obama Administration and most of Congress.... then yes, I see your point.
As I said, the pro-cop folks have to get very inventive in their accounting, looking to price fourth- and fifth-order derivative expenditures, then throwing all those expenditures on the same side of the ledger. This is accounting that Enron would envy.Cops134 (69%)
Crooks28 (14%)
It's about even33 (17%)
I wonder if CLEO even expressed his opinion there or just lectured us.