Dispute charges at your peril:
"If you've ever reversed the charge for a dubious credit card transaction or online purchase, your name could be on a secretive overseas database that consumer advocates say may violate protections guaranteed under U.S. law.
The database is maintained by a Panama company named Goldwell Corp., which runs an online service called ChargeBack Bureau (chargebackbureau.org).
Chargebacks are a right provided to U.S. consumers under the Fair Credit Billing Act. The system allows people to reverse credit card payments for goods or services that were unauthorized or end up being different than advertised.
Most chargebacks involve a consumer bringing a disputed transaction to his or her credit card issuer. The issuer, in turn, takes up the matter with the merchant, often requiring repayment of any funds involved. " (Read On ^)
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