Legal Question in Credit and Debt Law in Indiana
Borrowing money
If someone borrows money using his parent's credit card, is that considered fraud?
Asked on 8/25/07, 8:06 am
1 Answer from Attorneys
C. David DuMond
Law Offices of David DuMond
Re: Borrowing money
It could be considered fraud to "borrow" money using your parent's credit card, depending on the circumstances. A good rule of thumb would be: if there is something you are not telling someone who is involved in the transaction, you are committing fraud. You don't need a law degree to know what this means.
Answered on 8/25/07, 4:24 pm