.. . . . I was once told, unless we could get our hands on the fraudulent card that was used, the merchant has no liability for the chanrges.
I beleive this is correct, because when there was a bogus card used the logic is
1. Merchant got authorization & verified the sig with the card presented
(of course whoever created the bogus card put whatever name they wanted to sign & most likely had bogus ID for)
2. Only hope for the issuing bank is to prove the sig did not match the card presented = getting the bogus card that was used to compare with the merchant's signed receipt.
And what is the likelyhood of that ; yeah ZERO