Which scenario would be classified as a Confirmed Fraud Transaction?

A transaction involving a card that was reported stolen clearly falls into the category of a Confirmed Fraud Transaction. This is because the use of a stolen card indicates that the rightful owner has no consent over the transaction, which fundamentally constitutes fraud.

When a card has been reported as stolen, it signifies a breach of security and unauthorized use, as the person initiating the transaction does not have legitimate authority to use that card. This makes the transaction fraudulent by nature, confirming that it is not an authorized use of the cardholder's account.

Other scenarios, while they may involve some level of dispute or concern, do not automatically denote confirmed fraud. For instance, a transaction reported as disputed may be under investigation and could result from an honest error as much as from fraudulent activity. Similarly, transactions where the cardholder was present and those using an authorized card indicate legitimate authorized use, thus do not represent fraud. Therefore, the scenario involving a stolen card is a clear-cut instance of confirmed fraud.