Credit Card Scam - Beware!
Tvac897
Posts: 1,478
Check this out:
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 'Master Card'. The scam works like this: Caller: '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 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 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. W hat 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 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 Master Card' 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.
Sorry it is so long...but its pretty crazy.
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 'Master Card'. The scam works like this: Caller: '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 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 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. W hat 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 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 Master Card' 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.
Sorry it is so long...but its pretty crazy.
-Rome is Burning
0
Comments
thanks again, good job.
www.AlanBestBuys.com
www.VegasBestBuys.com
<< <i>Sorry it is so long...but its pretty crazy. >>
Not at all and quite scary! I might have been hoodwinked too.
there's nothing new or sly about this at all. Simply don't give information out on the phone to anyone that has called you.
If VISA called you about your account they sure as hell wouldn't need any numbers from YOU from your card.
<< <i>there's nothing new or sly about this at all. Simply don't give information out on the phone to anyone that has called you.
If VISA called you about your account they sure as hell wouldn't need any numbers from YOU from your card. >>
Well said and an absolute fact!
1-Dammit Boy Oct 14,2003
International Coins
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Thanks.
John
hi, i'm tom.
i do not doctor coins like some who post in here.
TC71
<< <i>NEVER give out your three digit PIN to anyone that CALLS YOU!
TC71 >>
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
<< <i>
If VISA called you about your account they sure as hell wouldn't need any numbers from YOU from your card. >>
If Visa or MasterCard called it would be extraordinary as they call no one - ever. They are holding cos. The CARD ISSUER calls - such as your bank.
<< <i>
<< <i>
If VISA called you about your account they sure as hell wouldn't need any numbers from YOU from your card. >>
If Visa or MasterCard called it would be extraordinary as they call no one - ever. They are holding cos. The CARD ISSUER calls - such as your bank. >>
I was just about to post this very thing. When I get calls to verify the legitimacy of charges to my card(s), it's always Citibank, Chase, Capital One, etc., not "MASTERCARD".
Furthermore, they never ask for personal details when doing so. It's simply "Did you recently authorize a charge in the amount of $XXX.XX to merchant YYYYYY to your MasterCard ending in 9999?"
1/2 Cents
U.S. Revenue Stamps
<< <i>If Visa or MasterCard called it would be extraordinary as they call no one - ever. They are holding cos. The CARD ISSUER calls - such as your bank. >>
I've been called a few times by my bank. They way they introduce themselves, it's hard to tell. It does sound very official.
But i've never been asked for any numbers.
For me, it's always something like...
Q:"We've noticed a number of unusual coin purchases on your credit card..."
A:"Yep, those are mine. Thank you for your efforts at preventing fraud!"
They simply said, we understand, it's good that you ar eso cautious, and simply told me to call teh 800 number on the back of my Visa card.......
I did exactly that and got a new card witha new number and had the 3 fraudulant charges removed.......
I used to get the toner scam weekly at work a few years ago.
Thanks.
John
<< <i>NEVER give out your three digit PIN to anyone that CALLS YOU!
TC71 >>
Never give out your criedit card # either....to anyone that calls you....!!!!!!!!!!!........
<< <i>What is the "Toner Scam"?
Thanks.
John >>
It's when someone takes an ordinary Morgan, puts it in a potato, bakes it for a little while, and then sells it on eBay for $500.
Obscurum per obscurius
https://www.pcgs.com/SetRegistry/collectors-showcase/world-coins/one-coin-per-year-1600-2017/2422
Boiler room calls identifies themselves as the copier company that sold your company a copier. They ask you to update the serial #s of your copiers for their records. They then send your company a bill for toner for said Serial #'s that was never delivered. With large companies they hope the billing dept. will just pay the bill and thus the scam.
Thanks
<< <i>
<< <i>
<< <i>
If VISA called you about your account they sure as hell wouldn't need any numbers from YOU from your card. >>
If Visa or MasterCard called it would be extraordinary as they call no one - ever. They are holding cos. The CARD ISSUER calls - such as your bank. >>
I was just about to post this very thing. When I get calls to verify the legitimacy of charges to my card(s), it's always Citibank, Chase, Capital One, etc., not "MASTERCARD".
Furthermore, they never ask for personal details when doing so. It's simply "Did you recently authorize a charge in the amount of $XXX.XX to merchant YYYYYY to your MasterCard ending in 9999?" >>
I have never gotten a call from anyone connected with my CC. If there is unusual activity they simply lock the account and usually the cardholder is expected to call or at least beats them to the punch.
<< <i>What is the "Toner Scam"?
Thanks.
John >>
Scammer calls, pretending to be your office supply company, then bills you for toner (nothing to do with coin toning
<< <i>
<< <i>What is the "Toner Scam"?
Thanks.
John >>
Scammer calls, pretending to be your office supply company, then bills you for toner (nothing to do with coin toning
Wouldn't work with my employer; in most cases we don't pay our bill for 3 months or more
<< <i>
<< <i>NEVER give out your three digit PIN to anyone that CALLS YOU!
TC71 >>
HUH?
<< <i>
<< <i>
<< <i>NEVER give out your three digit PIN to anyone that CALLS YOU!
TC71 >>
HUH?
I think he means the three digit security code on the back of the card. Most pin numbers have at least four digits.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Since we're on the topic of fraud. I was reading a story about "skimming".
A new way for thieves to extract data off the magnetic strip, including pin, and 3 digit security code.
Very slick.
click here for article