credit card fraud

Another Blow To Credit Card Users. Did You Know That…?

I didn’t know anything about this issue. Watching Jean Chatzky on television Friday, I learned that credit card users will suffer yet another financial blow starting as early as next week (February 2013). Under new credit card regulations, merchants who take credit card payments will be able to charge credit card users more than what other customers will pay using …

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Another Great Reason To Loose Your Bank Debit Card: Monthly Fees

A colleague business owner noticed a transaction on his bank account that wasn’t appropriate.  A check had cleared for an amount much too large for the dollar range of checks his company typically writes.  Within minutes he identified that the check had been altered and cashed, for approximately 1,900% more than it was originally written.  Consistent with requirements, he contacted …

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Woman Receives 20 Year Prison Sentence – For Embezzling?

Reading the morning Google News articles on embezzlement, I was truly flabbergasted when I saw this story. In my experience it has been difficult if not impossible to have a convicted embezzler see the inside of a jail cell.  If sentencing has included any jail time at all, it was common for the term to be very minimal, and frequently …

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Credit Card Fraud: Tiny Grains of Sand Can Result In Large Piles

I learned of this scam against credit cards while volunteering during my shift in the kitchen at our church’s bingo one night. A small charge, an amount under a dollar up to a few dollars, appears on your credit card statement.  Due to the insignificance of the amount, you don;t bother spending any time trying to figure out what it …

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Credit card skimming… watching for new opportunities (or vulnerabilities).

I just returned from speaking at a conference in Miami.  I checked into my hotel, and as part of my debriefing from the travel, I found the in-room safe to safely store my laptop, camera and other electronic devices. As I read the instructions it dawned on me that we used our credit and debit cards in many different contexts …

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