WARNING NEW CREDIT CARD SCAM

Discussion in 'Non Technical' started by kaos Z, Feb 2, 2007.

  1. kaos Z

    kaos Z New Member

    HI EVERYONE,
    Just recived email from a friend about a new credit card scam.:eek: :mad:

    FYI... This one is pretty slick since they provide YOU with all the information, except the one piece they want.



    WARNING .. New Credit Card Scam.

    Note, the callers do not ask for your card number; they already have it.



    This information is worth reading. By understanding how the VISA & MasterCard Telephone Credit Card Scam works, you'll be better prepared to protect yourself.



    One of our employees was called on Wednesday from "VISA", and I was called on Thursday from "MasterCard".



    The scam works like this:

    Person calling says, "This is (name), and I'm calling from the Security and Fraud Department at VISA. My Badge number is 12460 your card has been flagged for an unusual Purchase pattern, and I'm calling to verify. This would be on your VISA card, which was issued by (name of bank). Did you purchase an Anti-Telemarketing Device for $497-99 from a Marketing company based in Sydney?"



    When you say "No", the caller continues with, "Then we will be issuing a credit to your account. This is a company we have been watching and the charges range from $297 to $497, just under the $500 purchase pattern that flags most cards. Before your next statement, the credit will be sent to (gives you your address), is that correct?"



    You say "yes". The caller continues - "I will be starting a Fraud investigation. If you have any questions, you should call the 1- 800 number listed on the back of your card (1-800-VISA) and ask for Security.



    You will need to refer to this Control Number. The caller then gives You a 6-digit number. "Do you need me to read it again?"



    Here's the IMPORTANT part on how the scam works. The caller then says, "I need to verify you are in possession of your card". He'll ask you to "turn your card over and look for some numbers". There are 7 numbers; the first4 are part of your card number; the next 3 are the security numbers that verify you are the possessor of the card. These are the numbers you sometimes use to make Internet purchases to prove you have the card.



    The caller will ask you to read the 3 numbers to him. After you tell the Caller the 3 numbers, he'll say, "That is correct, I just needed to verify that the card has not been lost or stolen, and that you still have your card.



    Do you have any other questions?" After you say No, the caller then Thanks you and states, "Don't; hesitate to call back if you do", and hangs up.



    You actually say very little, and they never ask for or tell you the Card number but after we were called on Wednesday, we called back within 20 minutes to ask a question. Are we glad we did!

    The REAL VISA Security Department told us it was a scam and in the last 15 minutes a new purchase of $497.99 was charged to our card. I checked this out on snopes.com.



    Long story made short - we made a real fraud report and closed the VISA account. VISA is reissuing us a new number.



    What the scammers want is the 3-digit PIN number on the back of the card.



    Don't give it to them. Instead, tell them you'll call VISA or Master Card directly for verification of their conversation. The real VISA told Us that they would never ask for anything on the card, as they already know the information since they issued the card! If you give the scammers your 3 Digit PIN Number, you think you're receiving a credit.



    However, by the time you get your statement you'll see charges for purchases you didn't make, and by then it's almost too late and/or more difficult to actually file a fraud report.



    What makes this more remarkable is that on Thursday, I got a call from a "Jason Richardson of MasterCard" with a word-for-word repeat of the VISA scam. This time I didn't let him finish. I hung up! We filed a Police report, as instructed by VISA. The police said they are taking several of these reports daily! They also urged us to tell everybody we know that this scam is happening.



    Please pass this on to all your family and friends. By informing each other, we protect each other.
     
  2. Zed34

    Zed34 zed34

    Why are there so many bastards in the world thanks for the tip :)
     
  3. blackheartedprofit

    blackheartedprofit New Member

    and also why are there so many suckers that would even give that information over the phone?, unless it is in writing from a financial institution it is not to be trusted , especially when they make the first contact
     
  4. Gazza

    Gazza Active Member

    Wouldnt work on me, I pissed off my credit card over a year ago.
     
  5. LazyZed

    LazyZed Active Member

    I have never had a credit card, but am very wise to scammers. I admire the amount of thought and effort gone into trying to take my hard earned money, but still annoys me that they waste my time. :mad:

    Cheers
    Rob
     
  6. scump

    scump John Dorian

    lol why are people so stupid?

    you work in a business but cannot read?

    every single bank says they will NEVER ASK YOU for you credit card numbers or password.

    seriously man, if you use your head you cant get fooled by mild scams like this...

    ill just say to the fella aight ill pop into my bank after work and check it out.
     
  7. imported_Dan

    imported_Dan New Member

    I worked for an ISP and the amount of ppl that would fall over them selfs to give you their number shocked me...1 out of 100 would ask me some questions before they would give me any details but most would be good little sheep
     
  8. Jinxed

    Jinxed Moderator

    ive had a similar call a few weeks back.....

    picked it up as a scam and told them to bugger of....
    lucky though,they got about half way through the conversation(5 minutes ish) then asked for the 3 digit number on the back of the card,and thats when i got real suspect......
    clever tricks,you just got to be on the ball and dont give out any iinfo whatsover over the phone....do it in person or not at all is my prefered way....


     
  9. J4Play

    J4Play New Member

    thanks for heads up. imagine a lot of people will get sucked in by this one.

    give them a wrong number i say... just waste as much of their time as possible...
     
  10. BarcLayoni

    BarcLayoni BlkBaz's apprentice P/W

    Been stung by c/c fraud

    and they had our card number somehow, something told me to check our statement and lo and behold we spent over $400 in the Fringe Bar in the valley in Brisbane. ( We hardly go out.....let alone spend $400 in one night on alchohol!) The beauty was they also paid their energex bill too, so they were caught!.....and we were re-imbursed.
    This was from my wifes card being cut up but NOT cancelled, it hadnt been used for over a year, then i noticed the transactions on our statement. This card was cut into very small pieces guys.
    So a warning they dont even need your info.
    Be Careful and check your statements.
     
  11. jaybo

    jaybo New Member

    mmm, concerning, but if they tried to pull that on my credit card they probably wouldn't get very far. its maxxed out at the moment :D

    the depressing thing is its not maxed out on zed parts, but my RTW holiday!
     

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