The Latest on Credit Card Fraud Over the Phone

The scam usually starts with the fraudster phoning youthey will credit the fraudulent amount back onto your
up claiming to be from the fraud or securitycard but in order to do this will need the 3 digit number
department and indicating that your credit card or debitto process the refund.
card has been red flagged as having potentiallyOnce these details have been given out the fraudster
fraudulent transactions having taken place. The victimis free to make phone and internet purchases using
will become more trusting as the caller is offeringyour card details. You should never disclose your card
assistance in rectifying the problem.details from someone that has cold called you no
Nowadays its quite easy for fraudsters to get hold ofmatter who they claim to be from. If the caller is from
customers bank details. These can be bought for ayour card company they should have all your details at
small amount over the internet or from countries thathand. If you have any doubts hang up and call your
are large outsourcing or offshore depots for the largecard company to see if in fact there is a query on
banks and credit card companies. By having thisyour card.
information at hand when making the call the fraudsterNowadays it's not enough to just keep your card
seems more legitimate. What they may not have isdetails safe and secure. By following these common
the 3 digit security code on the back of your card. Asense steps you will greatly minimise the chances of
clear way for them to get this from you is to say thatbeing conned by a fraudster.