To: Banks & Credit Card Companies
Increase The Chargeback Time Frame
Most banks offer a 60 day window that allows you to file for a Chargeback, but given how apprehensive people have become about reporting scams we believe that this time from should be doubled to 120 days from the date of the transaction.
Why is this important?
Many people either don't report scams or don't report them straight away because they are embarrassed about what's happened to them, people that have been scammed by a romance scammer are even less likely to talk report it immediately.
In cases concerning APP Fruad & Product Received Not As Provided" that occurs when a company or a seller sends out an item that doesn't match what was advertised, we have seen several incidents where the scammer deliberately slows down & drags out conversations for months to avoid people being able to request a chargeback.
Scammers will deliberately communicate with you on a very low lever with fake promises of a refund, this is to prevent you from speaking to your bank.
These are the reasons thag we are camping for the alotted time frame to be extended to 120 from the date of the transaction, this will give people a greater chance of recovering any lost funds.
