Someone used my debit card to steal a lot of money from my checking account ($7000.00). The bank will not credit my count under Reg E unless someone is arrested. I do not want this person to have a felony on their record, if it is who I think it is.
If I file a police report and the person is arrested, do I have to press charges against this person? Or is it out of my control and the prosecutor decides whether or not to press charges? The bank will only refund the money if an arrest is made. Can the bank then file charges even though it's my money? Thank you.