KRS § 434.655 — KY Code / Title XL / Chapter 434 / Section 434.655
434.655 Fraudulent use of credit or debit card after reporting it lost, as stolen, or not received
Status: in_force

434.655 Fraudulent use of credit or debit card after reporting it lost, as stolen, or

not received.

(1) 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 B misdemeanor unless:

(a) 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 five hundred dollars

($500) or more but is less than one thousand dollars ($1,000), in which case it

is a Class A misdemeanor;

(b) 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 one thousand dollars

($1,000) or more but is less than ten thousand dollars ($10,000), in which case

it is a Class D felony;

(c) The person has three (3) or more convictions under paragraph (a) of this

subsection within the last five (5) years, in which case it is a Class D felony.

The five (5) year period shall be measured from the dates on which the

offenses occurred for which the judgments of conviction were entered; or

(d) 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 ten thousand dollars

($10,000) or more, in which case it is a Class C felony.

(2) 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 B misdemeanor unless:

(a) 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 five hundred dollars

($500) or more but is less than one thousand dollars ($1,000), in which case it

is a Class A misdemeanor;

(b) 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 one thousand dollars

($1,000) or more but is less than ten thousand dollars ($10,000), in which case

it is a Class D felony;

(c) The person has three (3) or more convictions under paragraph (a) of this

subsection within the last five (5) years, in which case it is a Class D felony.

The five (5) year period shall be measured from the dates on which the

offenses occurred for which the judgments of conviction were entered; or

(d) 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 ten thousand dollars

($10,000) or more, in which case it is a Class C felony.