subject: Know The Details Of Credit Card Fraud Examples [print this page] It is quite essential for you to read the credit card fraud examples so that you can avoid any such scam in your life. Before I start demonstrating the examples of credit card fraud, I would like to share some crucial facts related to credit card scam with you. It has been reported in a credit card identity theft reports that people face the fraudulent situation just because of the criminal activities of their siblings, relative, colleagues and servants. Sometimes a person notices this criminal activity but does not take any action against the scammer since he wants to protect his relationship. He only changes the PIN while it is not the right approach. One must take an action if he wants to avoid the fraudulent cases related to Credit cards.
Credit card Fraud 2010:
I am going to share an example of credit card fraud which had been faced by Jane Magayo, an administrative assistant in Nairobi, in 2010. One day she was checking her bank statement when she noticed a 300 U.S. Dollar withdrawal from his account. She immediately contacted his bank and requested an inquiry on the matter. The manager checked the record and found everything correct while she insisted that she didn't withdraw any such amount. Thus, Bank called her and showed closed-circuit television (CCTV) footage. She was shocked when she saw a messenger of her office was withdrawing the money in the footage. Actually, Jane Magayo had kept her credit card in her bag from where the messenger stole the card and withdrew the money.
Credit Card Fraud 2011:
1.Last year, credit card fraud cases had risen in Erie Region. I am going to extract a few examples of credit card fraud 2011 for you. According to a report of Erie Times-News on 23 October 2011, Melinda Homan faced the cost of $1700 because someone used her card and did the shopping at Target in Maryland while she never went to this place. She realized this loss when she received a call from credit card services. She was being told that she had made around 15 purchases at a Target store in Maryland. She demanded an investigation from her service provider. Her bank returned the amount after proper investigation. It is not the single credit card fraud example in Erie Region there were some other people who became a victim of this kind of credit card fraud.
2.Another victim was an Elk Creek Township resident named Michael Ordakowski who was being informed by his bank that someone has used his credit card number for making purchases at a drugstore and a grocery store in Scranton. When the bank representative asked about these purchases then Ordakowski said he was roughly six hours way from that location. That was a surprise for him indeed.
According to Ramey, station commander Sgt. Bill, scammers stole the credit or debit card number but they didn't know how they got such number. The real causes of such fraud was unknown however Ramey suggested the card holder to check their account time to time if they didn't want to become a victim of any such case.
It's the time that you learnt from such credit card fraud examples and try to be more careful than before.
