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Credit Card Fraud Protection

Credit card fraud prevention

More suggestions from our Internet ScamBusters subscribers about credit card fraud protection

We receive a lot of interesting credit card fraud protection suggestions from our subscribers.  Here are some recent ones that we thought you would find useful:

Credit card fraud protection suggestion #1:

Just a quick note about the latest issue concerning credit card fraud.

Using your credit card to make a transaction over the phone may not be safe because some business use portable telephones.

While your "land line" may be safe, the base unit of their phone is broadcasting the call.

An article in a HAM radio magazine said there are lots of people who have a hobby of listening to scanners and they keep diaries of what different people say over the phone - most are just innocent busybodies, but some will use the info.

They say despite the phones supposedly having a range of only about 700', a person in an apartment 50' or more up can listen in on phones up to a mile away!

They know all about the person's personal life, medical condition, bank accounts, family - whatever people say on the phone.

The article warns you should never say anything over a portable phone that you would not say in a crowded elevator.

Alan

Credit card fraud protection suggestion #2:

Regarding Credit Card Fraud...

Consumers must watch swipe readers with displays to Insure that they do not display the credit card number... If the reader does display the number, you should request that the merchant position the display so that a photo can not be taken of the number as the transaction takes place.

More Scam Reports:  Tips to Avoid Financial Aid Scams, a Census Scam and a Bank of America Phishing Scam

Just FYI...

Roy

Click here if you haven't yet read our main article on credit card fraud prevention.  Or check out this article on credit card fraud protection and identity fraud -- a new spin.

« Identity Theft in Oklahoma
The Gullibility Factor and What You Can Do About It »

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