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Reply to "What is wrong with Americans? Target lost $400M due to mass theft "
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[quote=Anonymous]Credit card companies and large retail chains have been writing off theft and fraud loses for decades, under both Democratic and Republican administrations. They're still in business so the status quo must be working for them. It must not be profitable for them to pursue thieves if they identify and/or catch them. I found this out about 30 years ago when someone got ahold of my credit card number and charged about $700 of goods and services (a psychic consult!) to that number. The cc card company did nothing about it.[/quote]
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