M just found out that his debit card was compromised for about $400. His debit card wouldn't work this morning, so the bank issued him a new one and explained what had happened. It seems the perpetrator went all over town extracting $20 and $100 amounts and then the bank realized that it didn't match M's habits. So luckily the card was shut down even before M noticed. The thing is, he hardly uses his debit card, and knows exactly the 2 seemingly innocent locations where he ever uses his card. He had to spend about an hour filling out questionnaires and will be credited the amount. The lady told him he's lucky it's the first time for him because they get others coming in all the time. She said gas stations are the worst place for this kind of thing.
Well, the other news of the day is that Reader's Digest went bankrupt, a casualty of the internet age.
The past few days have been cooler and it seems to me that the squirrels are extra busy hiding food away.
Oh, MomGrind has a really interesting post today, check it out.
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6 comments:
we have had a couple of problems with debit cards along those lines! Luckily both times the bank knew it wasn't us and we got all money refunded.
How in the world were they able to get money out of the machines without the card?! Scary.
Hi Christine,
Some people here have suffered from this type of credit card fraud. Apparently some crooks switch your card for an old one and your don't realise right away I must admit that i don't usually check to see that the card really is mine They are clever and just chip away at your account bit by bit to avoid suspicion
I think that Reader's Digest has gone bankrupt because of all the junk mail they have sent us over the years!
Karen, the hard part is that these thieves get away with all the money and the banks take the loss.
Japra, that's a good question... even if they knew the card number and pin, they wouldn't have a physical card. Very sophisticated crime.
Barbara, lol..so you won't be missing Reader's Digest!
I'm sorry to hear about the Reader's Digest. I used to love that magazine.
It's always a fear that the credit/debit card will get stolen.
We've had several credit cards canceled over the past couple of years. I guess we're lucky that banks and credit card companies are basically on our side and don't ask that we prove anything.
Thank you for the link!
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