Monty by Jim Meddick for January 19, 2016
Transcript:
We received a complaint from a Timmy Wilkins that you harassed him and grabbed his sled... Officer, I can explain. At the time of the incident, Timmy's identity was obscured by a ski mask... I miss took him for a thief... And did you at any time notice that this mask thief was only 4' 6"? Well, I probably wouldn't confront any robber if they were much taller than 5'2"... 5'4". He's only a vigilante against short criminals.
Checking for your id or signature on a credit card only helps if the thief is using your actual card. The problem with the magnetic strip style cards is that in most fraud today, the thieves take your card number and make themselves a new card with your number and some other name on it (which matches an ID they have), and their signature. Thus, putting a lot of emphasis on checking IDs or signatures would not help a lot. Instead the new cards have chips in them, and soon won’t have the magnetic strip at all. The thieves can’t make a new card with a chip, so they will have to take and use your actual card. Once we get there, checking IDs and matching signatures will make a lot more sense.