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PLEASE READ...protect yourself_New Credit Card SCAM !!!

Discussion in 'The Lounge' started by mrfishohio, Nov 19, 2004.

  1. mrfishohio

    mrfishohio Recovering Fishaholic

    VISA & MASTERCARD Telephone Credit Card Scam

    This information is worth reading. By understanding how the
    VISA & Mastercard Telephone Credit Card Scam works, you'll
    be better prepared to protect yourself. Thanks to Dr. Pat Cloney
    for passing this on. Those con artists get more creative every day.

    My husband 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> bank. Did you purchase an
    Anti-Telemarke ting Device for $497.99 from a marketing
    company based in Arizona?"

    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 #"
    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, "he needs 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 first 4 are your card number, the next 3
    are the 'Security Numbers' that verify you are in possession of the
    card. These are the numbers you use to make Internet purchases
    to prove you have the card. Read me the 3 numbers". 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 minute s 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 charge on on our card.

    Long story made short, we made a real fraud report and closed
    the VISA card, and they are reissuing us a new number. What the
    scammers wants 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 direct. The real VISA told us that they will 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 to late and/or harder 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 friends. By informing each other, we
    protect each other.

  2. mrfishohio

    mrfishohio Recovering Fishaholic

    I'm suspecting they are getting the info from a receipt out of the trash or a place of business, therefor they have your card #, and addy, bank, etc. They just need the security code to use it on the internet.
    The genius of their plan, is they already warn you of a $200-497 pending charge they are reversing, when actually they are stealing it. so even if you check your account, you think it's okay. :confused:
    Man, high tech robbery........ :mad:

  3. shadowman

    shadowman Supreme Being

    great post, thanks for sharing and along with you i urge everone to read your post............. :cool: