My 18 year-old daughter gave her debit card and PIN to a friend who told her she would get her some easy money. (We live in Washington State. The account was opened when she was a minor, so i am on the account also.)
I had no knowledge of the scam.
When called by the bank and alerted to suspicious activity we canceled the card and pleaded with the bank that it was not my daughters doing. We signed an affidavit saving we did not fraudulently use the account or give the card to others.
The bank is investigating for fraud and they advised that we should file a police report. Just prior to doing this my daughter confessed to me privately and claims she has not heard from the "friend" who ran up over $5000. in charges.
Now what do i do?
Thanks for the advice.