New Credit Card Scam:
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.
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 c aller 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 it was a scam and in the last 15 minutes a
new purchase will be charged to your card.
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 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.
A friend of mine said "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".
Please pass this on to all your family and friends. By informing each other, we protect each other.
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