What Will the Scammers Think of Next?
June 2005: 15,050
The Telemarketing Equivalent of Phishing
What follows is an e-mail received by Peggy that is being forwarded around the country.
This was sent to me and I am passing it along.
This message is from my friend who was notified by their friend who works for the Davis Police Department:
Hi! I just thought I'd pass along this information given to me by our dispatch supervisor.
Take care--and be careful!
WARNING...New Credit Card Scam.
Note, the callers do not ask for your card number; they already have it.
This information is worth reading. By understanding how the Visa and MasterCard telephone credit card scam works, you'll be better prepared to protect yourself.
One of our employees was called on Wednesday by Visa, and I was called on Thursday by MasterCard.
The scam works like this:
The 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, "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 you at [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."