2012 Kentucky Revised Statutes CHAPTER 434 OFFENSES AGAINST PROPERTY BY FRAUD 434.655 Fraudulent use of credit or debit card after reporting it lost, as stolen, or not received.
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434.655 Fraudulent use of credit or debit card after reporting it lost, as stolen, or
not received.
(1)
(2)
A cardholder who fraudulently uses a credit or debit card to obtain money, goods,
services, or anything else of value after said cardholder has reported to the issuer
said credit or debit card lost, as stolen, or not received is deemed to have used said
credit or debit card in order to defraud the issuer; and said cardholder shall be guilty
of a Class A misdemeanor if the value of all money, goods, services, or other things
of value furnished in violation of this section over a six (6) month period is less
than five hundred dollars ($500), a Class D felony if such value is five hundred
dollars ($500) or more but is less than ten thousand dollars ($10,000), or a Class C
felony if such value is ten thousand dollars ($10,000) or more.
A cardholder who, after using a credit or debit card, fraudulently reports to the
issuer that such usage or transaction was not made by said cardholder, or that said
credit or debit card was lost, stolen, or not received at the time of such usage or
transaction, in order to defraud the issuer, the cardholder, or any other person in
connection with said usage, shall be guilty of a Class A misdemeanor if the value of
all money, goods, services, or other things of value furnished in violation of this
section over a six (6) month period is less than five hundred dollars ($500), a Class
D felony if such value is five hundred dollars ($500) or more but is less than ten
thousand dollars ($10,000), or a Class C felony if such value is ten thousand dollars
($10,000) or more.
Effective: June 25, 2009
History: Amended 2009 Ky. Acts ch. 106, sec. 2, effective June 25, 2009. -- Amended
1986 Ky. Acts ch. 377, sec. 1, effective July 15, 1986. -- Created 1978 Ky. Acts
ch. 67, sec. 17, effective June 17, 1978.
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