What is an example of financial transaction card fraud?

Financial transaction card fraud involves the unauthorized use of someone else's payment card, typically for the purpose of acquiring goods or services without consent. The correct answer exemplifies this type of fraud perfectly, as it entails using a stolen card to pay for a meal. This action is both illegal and directly aligns with the definition of fraud because it involves taking advantage of another person's financial resources without their permission.

The other options do not fit the criteria for financial transaction card fraud. Using your own credit card for online purchases is a legitimate transaction. Finding a card and reporting it to the police demonstrates responsible behavior, as it involves returning the lost card rather than using it maliciously. Asking someone for permission to use their card is a legitimate act as well, as it involves obtaining consent before using another person’s financial resources.