Posted on 12/05/2010 10:11:52 AM PST by KeyLargo
Also why do some still print all your card numbers on, not one, but all pages of your statement? Same with bank statements.
Also I have more mail that’s not sealed come to me then I care to think about. Some mail don’t even get to me. I get others mail so I know others get my mail.
Post offices charge too much for boxes or I would go that route. I
refuse to put any outgoing mail in my box.
This doesn’t have much to do with the CC scams but...just sayin’.
That is the issue with debit cards. Once a debit card and PIN have been pulled from a skimmer they can make a fake card and pull cash out of an ATM.
You can be walking down the street, pass some one, and that some one can with the right equipment READ your credit card while it is in your wallet or purse. Saw it on the news last week.
From what I gathered from the story her card was photocopied front and back but then doesn’t that magnetic stripe carry the same information? How was that stripe recorded with the info? Was it read with a card reader then transferred? Seems that’s the way it has to be done. But in her case ....
Thanks, good idea. Will do right now.
“What would one look for at a gas station pump?”
Just what I mentioned, a different looking reader at an otherwise-identical pump. As opposed to a single ATM, you do have something to compare the reader to...just a quick glance is probably enough.
I was cheated by a bank employee many years ago. I went in to pay back about 1800.00 on a small school loan...turned out I did not need all the cash so I though I’d just pay it back rather than spend it. The bank employee scammed me and gave me some fake paperwork and I did not find out the truth until quite some time later. There was nothing I could do after so much time had passed. I learned a costly lesson....I should have payed the 1800.00 off by check...taking cash was a mistake.
Presence of a pistol-like device (pictured below.)
Very funny :-)))))
Of course the credit card companies could change the liability to the company that takes a bad card because the cashiers don’t bother to look at the picture.
There must be enormus profites in these cards if they don’t bother to close the fraud loopholes.
You know they have to.
TV news?
Local news investigative pieces and there was also a thread on FR about it. You tube it and see what you turn up.
I tried google, might not have used the right wording BUT I’m not able to see the screen well enough to see what I’m reading and not every page enlarges like FR does...on going unresolved vision problems. But I found this product that kind of backs up what the local news did.
http://www.mobileedge.com/i-d-sentry-wallet-credit-card.html
Millions of numbers are also stolen from banks internally by hackers.
We read now and then about such compromises.
There needs to be more effort to VALIDATE the purchases (and credit card requests).
Identity theft occurs because like illegal immigration (which SPAWNS identity theft) our government does not want to bother with adequate prosecution and the banks would be perfectly happy to extend credit.
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