Report Fraudulent Electronic Withdrawals or False Credit Card Charges Quickly!
Tips for Handling This Crime 

In this bad economy, it's more important than ever to protect your personal banking information. A fraudulent electronic withdrawal is one of the most frustrating kinds of identity theft you can experience.

Unfortunately, most people learn about this kind of crime only after it happens to them. What’s more, in many cases individuals only notice the missing funds days or weeks after the erroneous transfer or other process occurs.

That’s why it is so important to monitor your accounts on a daily basis. Watch for anything that looks out of order. Also, be careful of people looking over your shoulder when you use your PIN numbers.

In addtion, check credit card bills with an eagle eye and make sure your bank account’s debits and balances are correct. Look at the source of every withdrawal or transfer to be sure you have authorized them.

The most typical way you end up with fraudulent electronic withdrawals is when your ATM or debit card is lost or stolen. For the most part, make sure you report the loss to your bank or other financial institution right away. Sometimes the amount of time you take to report it has drawbacks. Crazy, I know! 

This government website has good tips to help you when such a crime strikes.