Sunday, May 5, 2013

Credit Card Scam

I uncovered an awesome credit card scam that works like this: - get stolen credit card numbers - list expensive merchandise in a 3rd party online store - wait for an order to be placed - get payment from customer through PayPal - order merchandise from the manufacturer or another vendor using the stolen credit card info and have it shipped to the customer Voila! Except the IP address when placing the order nothing ties you directly back to the fraud. The customer is the only entity who can tie it all together. I was the customer and figured it all out. Unfortunately VISA doesn't care and refused to investigate!