Hi PF. About a month ago, I saw on my Bank of America account that a fraudulent charge of $1000 was made at a Home Depot in a city maybe about thirty minute drive away. I disputed it, and they sent me a new card. Today, I received in the mail that they said that because the chip was read, they're going to still make me cough up the money for it. I have never gone to that specific Home Depot and my card has always been on my person, so no one could have taken it. I have also only used it to pay for gas at this one gas station in the past two-three billing cycles before this fraud charge, so I am definitely sure that someone there must have cloned it somehow. I posted about how this could be possible, and there seems that there could be some weaknesses in how the chip protocol is implemented. Additionally, it seems like I'm not the only person this has happened to based on older PF posts, coincidentally also from BoA. However, it doesn't seem like there has been a resolution to that post that I saw, so does someone have advice on how to proceed? Thank you!
Submitted February 17, 2018 at 10:02PM by hipstergrandpa http://ift.tt/2o7AdJg
