Credit card scam

Live forum:


05-04-2007 20:11:29

Mods, I hope it is ok to post this here. The reason is, I have had some traders claim they received calls from their cc companies saying their cards are on a hold.

[quote0b047d03ee="donjuanadimarco"]Yesterday I received a call from my bank from the Fraud department. They placed my ATM card on hold due to all of the sign ups I was doing. This concerns me. What do you think?[/quote0b047d03ee]

I do not know if this is true or not.
I received an email from a good friend. I figured even if its not true I will post it anyhow, because there are some sick people out there and you never know what they will come up with next.

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.

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

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 send this on to all your family and friends. By informing each other, we protect each other.


05-04-2007 22:30:49

Thank you for taking the time to post this.....


05-04-2007 22:46:29

When a person does many offers at triggers something from the CC company and they put your card on hold. It happened to me once when I did about 5 offers in a night.


06-04-2007 00:48:34

Wow, thanks for the information. That's pretty tricky =\


06-04-2007 08:19:36

Good lookin out


06-04-2007 08:49:44

Thank you for this heads-up. This is one of the newest scams out and we should all be aware.

However, be aware that when you first start doing freebie sites, or if you do alot of offers in a short time, your cc/debit company (in my case, Paypal) may contact you to verify that it is really you. They should not ask for any personal information, and if you have any doubt, feel free to tell them you would like to call them back at the number on your card (which they should NOT have a problem with). But just because they call you does not automatically make them a scammer. Just don't give out any information (other than "yes I did make that purchase").



06-04-2007 09:18:05

[quotec5972ef1ac="kidd2108"]When a person does many offers at triggers something from the CC company and they put your card on hold. It happened to me once when I did about 5 offers in a night.[/quotec5972ef1ac]

That happened to me too, but instead of the bank calling me, I had to call them and be connected to the fraud protection dept. to verify that it was me making the purchases, and they did nothing but ask my security questions, ie mothers maiden name, dob, etc...not once did they ask me for my security number, or even card number.

That is an unfortunately smart scam that has probably worked many many times....I hope they put the bast#&%@ away for a long time.

Such a shame that so many new scams pop up every day, and they will keep thinking up new ones.

Thanks so much for taking all that time and effort to let us know to beware!! D

Margot 8)


06-04-2007 12:00:40

Yea, very common. I was doing 3-5 offers a night for a couple of weeks and every day they called me asking if they were authorized...

But now my card was blocked because someone has the number, nothing else and has tried spending $2500 in the past week. Mostly at, a CHRISTIAN clothing company. Guess theft isn't a big commandment.....


06-04-2007 12:36:01

I think maybe this post should be stickied. There is important information here that might just save a few gullible people from being taken.


Big War Bird

06-04-2007 12:53:53

My wife a very similar thing happen to her. A person called her claiming to be a from our cc company. He was able to extract a great deal of info and made some purchases.

Any time I do several offers I get a call from the my cc fraud dept.


06-04-2007 12:57:13

Thanks for the heads up!!!


07-04-2007 07:42:38

Thats why i use a Pre-paid visa card....if someone does get the card # i only have so much they can get.


07-04-2007 08:34:54

I got my CC held for fraud when I camped out for the PS3, I gave my husband my wallet since I was almost robbed (Police got him though after I chased him around the parking lot like a crazy woman) and kept using it for food purchases etc, then when I went to purchase the PS3 there was a hold. My husband thankfully was there and used his card (same number and all) and it was approved.


07-04-2007 11:58:12

[b00df7ffac7]I found that using Visa or Master card gift cards are better
they are just like a Debit card. That way there is no risk to
the security of your bank or Cc account. [/b00df7ffac7] D


07-04-2007 18:28:34

Wow I could use some Karma everyone ) , TR is hard enough! !


08-04-2007 14:44:06

Gave you 1 )