Visa/Mastercard Scam - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HotUKDeals, you accept our cookie and privacy policy.
Get the HotUKDeals app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

Visa/Mastercard Scam

£0.00 @ visa
Not sure if this has been posted, but I read it today on another forum I visit and figured I would pass it on just in case. This one is pretty slick since they provide Y O U with all the informati… Read More
the_andy Avatar
banned9y, 6m agoPosted 9 years, 6 months ago
Not sure if this has been posted, but I read it today on another forum I visit and figured I would pass it on just in case.

This one is pretty slick since they provide Y O U 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 "MasterCard".

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 London?" 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 0800 number listed on the back of your card (0800-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 MasterCard 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 .

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

The person who sent this to me is a sound sensible person and the scam described does sound all too possible.


Obviously people here are more aware of possible scams, but just a heads up anyway.
Other Links From visa:
the_andy Avatar
banned9y, 6m agoPosted 9 years, 6 months ago
Options

All Comments

(19) Jump to unreadPost a comment
Comments/page:
#1
Thanks for the info :thumbsup:
#2
Cheers for the warning, seems to be more and more scammers about by the day!

The worrying thing is if they aren't asking for the actual card number how do they already have it?
#3
Thanks for the tip :) +rep xx
#4
Thanks for the warning!
#5
Hmm... how come they have your address, know your name, credit card number but missing security number on back? Doesn't sound right to me.
#6
You should always call back any company that you think may have private info on you. for example when my bank calls I always ask for their extension number and call them back to verify the person.
#7
thanks op just got this email from a friend it is a bit worrying how they already know all your details!! will tell my friends & family just incase!
#8
No offence but why would you give out your security number to someone phoning without them proving who they are?
#9
Benjimoron
No offence but why would you give out your security number to someone phoning without them proving who they are?


It's called Social Engineering, you don't realise it's a scam as it's just a passing question and they sound so legit you don't even (or it's too late) think anything is wrong, they are (you are made to think) protecting you so you happily give out the information without thinking twice.

It's easy to get your name, card number and address, it's the pin number that's hard to get because it's on the reverse of the card.

(Electoral Register, Telephone Book, Internet, dodgy shop assistants)

When anyone phones here (mostly dodgy phone sales saying they are from my provider) I just ask to confirm my security details and they soon hang up.

Read:

The Art of Deception: Controlling the Human Element of Security
by Kevin D. Mitnick

to see how easy it really is.
#10
Gets sent out in emails every year and if you don't pass it on you'll become incontinent or something....

http://www.snopes.com/crime/warnings/creditcard.asp

http://urbanlegends.about.com/library/bl_credit_card_fraud.htm
#11
biff
The worrying thing is if they aren't asking for the actual card number how do they already have it?


there was a program about this sort of thing (either tonite or panorama) and it showed that there are forums etc that give out people card numbers etc with names addresses etc, people either sell this info or give it out for free.

worrying isnt it, they introduced all this new chip & pin, CCV numbers and all this **** to help protect us but to me its just made it worse!
#12
Shengis
Gets sent out in emails every year and if you don't pass it on you'll become incontinent or something....

http://www.snopes.com/crime/warnings/creditcard.asp

http://urbanlegends.about.com/library/bl_credit_card_fraud.htm


That's what I thought. So the OP is yet another (a little bit enhanced, to include name and address details) version then.
#13
If some d!ck gives thier security number to someone over the phone, they deserve to be scammed.

NEVER give any details out over the phone !!!!!
#14
ChrisUK
If some d!ck gives thier security number to someone over the phone, they deserve to be scammed.

NEVER give any details out over the phone !!!!!



Couldn't agree to you more. To answer the social engineering part, whenever ANYONE asks for any details over the phone you have to ask yourself whether you KNOW who they are and why they want the info? No amount of social engineering will allow me to give out a security code to someone I don't know or trust!!!
banned#15
ChrisUK
If some d!ck gives thier security number to someone over the phone, they deserve to be scammed.

NEVER give any details out over the phone !!!!!

Not everyone is as clued up as some, and even those who are sometimes when their minds are elsewhere do things without thinking, things like this can only remind us all to be more careful
#16
Thanks for the heads up:thumbsup:
#17
Benjimoron
No amount of social engineering will allow me to give out a security code to someone I don't know or trust!!!


But it's made you buy things you never really needed.

:-D
#18
Likely2
But it's made you buy things you never really needed.

:-D



Like what?
#19
As I don't know you I wouldn't want to be the one to shatter the illusion that you think you're not affected by it, the whole point of good social engineering is that you DON'T know it's taken place.

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!