Credit card fraud and identity theft are different things. Why would you place a fraud alert on your credit report if someone has used your credit card number to purchase something fraudulently? Just call your bank, tell them you didn't buy whatever is on your statement and they will remove the charge and send you a new card.
Placing a fraud alert on your credit report will not resolve credit card fraud. You resolve a fraudulent charge on your credit card by contacting whoever issued you the card.
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derpbeluga t1_j0md3ln wrote
Credit card fraud and identity theft are different things. Why would you place a fraud alert on your credit report if someone has used your credit card number to purchase something fraudulently? Just call your bank, tell them you didn't buy whatever is on your statement and they will remove the charge and send you a new card.