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New Credit Card Scam...

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  • New Credit Card Scam...




    'Credit Card Scam Warning'



    This one is pretty slick since they provide YOU with all the information, except the one piece they want.
    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 London?' 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 0800 number listed on the back of your card (0800-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 first 4 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.

    Long story - 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 MasterCard directly for verification of their conversation. 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 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 .



    Maxie

  • #2
    Re: New Credit Card Scam...

    I have read that across all the sites but have not been able to verify that on ANY reliable sources that deal with scams. The obvious thing that you should do is never disclose information to anyone with regards to the 3 digits on the back of the card. WE HAVE NO ACCESS TO THAT INFORMATION just the pan and expiry date.

    Comment


    • #3
      Re: New Credit Card Scam...

      I should look more widely of course
      Telephone credit card scam
      Your credit card company Fraud Department rings up saying that they're calling to verify an unusual purchase pattern asking if you made a purchase for a named item for £xxx.xx. When you say no, they tell you they will be issuing a credit to your account, but need you to confirm the 3 digit security number on the back of your card.
      !

      Comment


      • #4
        Re: New Credit Card Scam...

        This story has gone round the houses since the end of November and in the run up to Christmas I would urge all people to be vigilant with their accounts as this is the big time for fraud from personal and credit card accounts. If you spot anything suspicious please contact your bank/go into the bank and query any transactions until you are sure that it is fine.

        Comment


        • #5
          Re: New Credit Card Scam...

          I nearly went with this being the latest and then did some research
          http://www.buildyourown.org.uk/forum...TOPIC_ID=12220

          February 2006 the email goes round and round i think but is believeable.
          even the police
          http://www.merseyside.police.uk/html...phone-scam.htm

          Comment


          • #6
            Re: New Credit Card Scam...

            I am tracing this scam backwards and the email that went with it so bear with me
            http://www.ecademy.com/node.php?id=37169

            Comment


            • #7
              Re: New Credit Card Scam...

              ok I am at November 2004 on the exact wording of this email that has gone around the last few years
              http://www.certforums.co.uk/forums/a...hp?t-3159.html

              Comment


              • #8
                Re: New Credit Card Scam...

                January 2004
                http://forums.multiplay.co.uk/archiv...p/t-21990.html

                I challenge all members of the forum to find where it originated and the date with evidence as I have just done.

                Comment


                • #9
                  Re: New Credit Card Scam...

                  Sorry Nattie I thought it was pretty new cos it has just been passed around the Northampton Council Tax Office.:rollelf:

                  mas:

                  Comment


                  • #10
                    Re: New Credit Card Scam...

                    It is a very good email because it does alert people to fraud. Maxie Girl, I am not knocking the post because if it cuts down on credit card fraud then it has done its job.
                    BTW February 2004
                    http://www.bbc.co.uk/northernireland...ard_scam.shtml

                    Comment


                    • #11
                      Re: New Credit Card Scam...

                      I believe the email originated from the USA which is why it says 0800-VISA when the original email states 1 800 VISA. It is a good one and I think is an appropriate email to be doing the rounds at this time.

                      Comment


                      • #12
                        Re: New Credit Card Scam...

                        FINALLY I have got to the bottom of this and can confirm that this is a HOAX email.

                        http://www.hoax-slayer.com/card-security-code-scam.html

                        only 2 hours of research on this one.

                        Comment


                        • #13
                          Re: New Credit Card Scam...

                          It is a hoax, but as you say it might keep people on your toes.

                          For this scam to work as described, they would already need to know the following
                          Your Name
                          Your Adresss
                          YOur Card Number

                          If they have these than they dont really need the 3 digit number to raid your account.

                          IF ANY ORGANISATION PHONES UP REGARDING SITUATIONS LIKE THIS, JUST TELL THEM THAT YOU WILL CALL THEM BACK SHORTLY. A GENUINE ORGANISATION WILL HAVE NO PROBLEM WITH THIS.
                          A SCAMMER MAY INTIMIDATE YOU TO GIVE THE DETAILS NOW SAYING 'IT WILL BE TOO LATE IF YOU CALL BACK LATER'
                          ALSO FIND THE PHONE NUMBER FOR YOURSELF FROM A STATEMENT OR SUCH. NEVER CALL THE NUMBER GIVEN TO YOU BY THE CALLER

                          Comment

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