[nfbwatlk] Fraud Alert

[Alco Canfield]

Start of body
home/index

ar
ar ar ar VISA FRAUD
AR ar ar
ar ar ar Just a heads up for everyone regarding the latest in Visa fraud. Royal
ar ar ar Bank received this communication about the newest scam.
ar ar ar This is happening in southern Alberta right now and moving.
ar ar ar
ar ar ar This one is pretty slick since they provide YOU with all the
ar ar ar information, except the one piece they want..
ar ar ar Note, the callers do not ask for your card number; they already have
ar it.
ar ar ar
ar ar ar This information is worth reading. By understanding how the VISA and
ar ar ar MasterCard telephone Credit Card Scam works,
ar ar ar you'll be better prepared to protect yourself. One of our employees
ar ar ar was called on Wednesday from 'VISA', and
ar ar ar I was called on Thursday from 'MasterCard'.
ar ar ar
ar ar ar The scam works like this:
ar ar ar
ar ar ar Person calling says,
ar ar ar 'This is (name), and I'm calling from the Security and Fraud
ar ar ar Department at VISA. My Badge number is 12460 ,
ar ar ar Your card has been flagged for an unusual purchase pattern, and I'm
ar ar ar calling to verify. This would be on your VISA card
ar ar ar which was issued by (name of bank). Did you purchase an Anti-
ar ar ar Telemarketing Device for $497.99 from a marketing
ar ar ar company based in Arizona "'
ar ar ar When you say 'No', the caller continues with, 'Then we will be issuing
ar ar ar a credit to your account.
ar ar ar This is a company we have been watching and the charges range from
ar ar ar $297 to $497, just under the $500 purchase pattern
ar ar ar that flags most cards. Before your next statement, the credit will be
ar ar ar sent to (gives you your address), is that correct?'
ar ar ar You say 'yes'.
ar ar ar
ar ar ar The caller continues -
ar ar ar 'I will be starting a Fraud Investigation. If you have any questions,
ar ar ar you should call the 1- 800 number listed on the back
ar ar ar of your card (1-800-VISA) and ask for Security. You will need to refer
ar ar ar to this Control Number. The caller then gives you
ar ar ar a 6 digit number. 'Do you need me to read it again?'
ar ar ar
 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 last 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 last 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 d', 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 were 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. We made a real fraud report and closed the VISA
 account. VISA is reissuing us a new number.
 What the scammers want is the 3-4979t 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 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. I dealt with a similar situation this morning,
 with the caller telling me that $3,097 had been charged to my account
 for plane tickets to Spain ,
 and so on through the above routineddar 
ar ar ar It appears that this Is a very active scam, and evidently quite
ar ar ar successful.
ar ar ar
ar ar ar Pass this on to all your family and friends
ar ar ar
ar ar ar Niki Laxamana
ar ar ar Detective Constable (99739)
ar ar ar Toronto Police Service Fraud Squad - Corporate Section
ar ar ar 40 College Street, 3rd Floor
ar ar ar Toronto, Ontario Canada M5G 2J3 B:
ar ar ar (416) 808-7344 F: (416) 808-7302
ar ar ar E:
_nicoleddlaxamana at torontopoliceddonddca