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Credit card fraudster sentenced in Portsmouth

Credit card holders in Portsmouth may be interested in news that a man has reportedly been sentenced after being caught trying to buy two Rolex watches with a fake credit card.

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30 September 2009

Credit card fraudster sentenced in Portsmouth ”

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Ali Chalhoub's credit card fraud plan was foiled when staff at Ernst Jones in Portsmouth recognised him as the same man who had tried to buy a watch with a credit card in a different name 11 days earlier, according to the Portsmouth News.

The watches were said to be worth £5,000 and £4,500.

Mr Chalhoub of Victoria Road, London, was given a 12-week sentence suspended for 12 months. He has also been ordered to pay £500 in court costs.

In other credit card news, holders of some cards such as the American Express Platinum card have been advised to make sure they use their card occasionally to ensure they are not issued with a dormancy fee.

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
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