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Posted: 12/6/2002 7:17:58 PM EDT
I never thought it could happen to me. After all, I'm a poor college student living of National Guard money. Well, today after getting a bank statement that had over $700(almost every dime in my checking account) of stuff charged on my DEBIT card, I realized it did happen to me. A computer company in Florida and one in Conneticut had charged me. I called them and found out that two Pentium motherboards and a modem were bought using my debit card. They were shipped to a lady in New Jersey though! The scary thing is how did she get my info.? The companies had all my CC info. and even my COLLEGE apartment phone number. The wierd thing about that is my "billing address" is my parents address and phone, different than my college one. The only time I give out my college phone number is when I order stuff(99% gun stuff) ONLINE so they can call me if something goes wrong. Hmmm. I got the Jersey lady's address and even email. I even got the first name of a different lady who signed the UPS package confirmation. Called the bank, called the police. The officer said that he heard there was a huge fraud case going down in Jersey. Someone is going down. How long it will take is anyone's guess. But, from now on it's money orders only. So much for "secure servers". -Be careful out there.
Link Posted: 12/7/2002 9:16:06 AM EDT
[Last Edit: 12/7/2002 9:17:51 AM EDT by Kent]
DEBIT CARDS ARE EVIL -- AVOID AT ALL COSTS. Think about it: If some dirtbag steals your CREDIT card info, they steal CREDIT. You get a huge credit card bill, and you refute the charges while the investigation goes on. Not pleasant, but it can be worked out, and you are out at most $50 (the limit of liability on most credit cards). Your life goes on more or less normally. If someone steals your DEBIT card info, they steal your CASH. They empty your bank account, and if that debit card is attached to your checking account (like most people set it up), every check you write bounces off your now-empty account. You can call the bank and they can investigate, and start things rolling to get your money BACK. If that weren't bad enough, in the meantime, YOU get to contact every business you wrote a check to, and try to convince them that it wasn't your fault that the check bounced -- good luck!!! Next step is to contact all the NSF check-reporting companies, and try to convince THEM that "it wasn't your fault". They've heard that line 1,000 times before, and will require PROOF of fraud to even consider clearing your name. Until that proof is presented (and sometimes for a long while after), you are considered a deadbeat. DEBIT CARDS ARE EVIL -- AVOID AT ALL COSTS.
Link Posted: 12/7/2002 9:40:24 AM EDT
[Last Edit: 12/7/2002 9:41:13 AM EDT by Waldo]
Yep, you've just learned why a debit card sucks. Your account gets sucked dry before you ever knew what hit you. Then all your checks start bouncing. Try one of those prepaid Visa gift cards for online purchases. [url]www.smartonegiftcard.com[/url]
Link Posted: 12/7/2002 10:25:46 AM EDT
That happened to me too. I used to use my Debit card as an "instant" credit card. I got a call from some guy saying he recieved a digital camera at his doorstep and it was billed to me. Doesnt make sense why the guy would tell me, but I cancelled the card and got my money back. Since then, my debit card is ONLY for money machines.
Link Posted: 12/7/2002 10:36:25 AM EDT
Link Posted: 12/7/2002 10:41:42 AM EDT
Thats why I have 2 checking accounts, at different banks. I use one for online purchases and such, the other is my primary account, all monthly bills go through that one.
Link Posted: 12/7/2002 10:48:26 AM EDT
Thats why I have 2 checking accounts, at different banks. I use one for online purchases and such, the other is my primary account, all monthly bills go through that one.
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That sounds like a lot of needless trouble — two separate accounts to reconcile, two sets of statements to review every month, two monthly checking account fees, two sets of replacement checks to order...All of which could be avoided by just using an ordinary credit card to make your online purchases! Incidentally, I've noticed that PayPal is now pushing real hard to have each ebay transaction debited to your checking account instead of a credit card. Probably costs them less money that way -
Link Posted: 12/7/2002 10:58:17 AM EDT
[Last Edit: 12/7/2002 10:59:16 AM EDT by cafordguy]
In my freshman year of college someone somehow got ahold of my ATM/debit card number. They sucked up 1,250 dollars before I got my statement back. Didn't bounce any checks though (I had alotta money to pay off school stuff). Took about a month or so but with my parents help we cleared that up in a hurry. Some @$$hole bought like a website, a computer server, and several porn sites with my money. They think he/she was down in Georgia (im in VA) but in the end he/she pretty much got away with it. Thankfully the banks gave me all my money back since it was obviously out of character for me. I have a computer but wouldn't know the first thing of running a website or how to run a server. Edited for spelling.
Link Posted: 12/7/2002 11:02:55 AM EDT
I am at a computer store in Washington. I had a customer from Florida call me to buy laptop computers with a CC. He had a different bill to and ship to address. After an internal debate we turned down his $4k order because of his non matching ship/bill address. Since then I have tried to trap a Florida CC fraud guy. When he tried to place the order, I got ALL of his info, like where he would pick-up the product and more. I then forwarded to info to Broward county sheriff. A detective called me back a month later to start an investigation. An assosiate of mine was also CC frauded. The products were shipped just a few miles from her. When she called Oakland PD, they told her they were to busy to investigate and to work it out with the CC company. My shop did process a transaction for a local real estate company. The $3k order was phoned in but picked up by a supposed employee. A month later we got the WTF call from the cardholder. We ended up eating the $3k as is always the case when the credit card companies dispute charges. The vendor gets stuck losing the money. That is why we verify address and if it seems fishy we will ask for the card and ID to be faxed in.
Link Posted: 12/7/2002 11:03:56 AM EDT
Originally Posted By Skibane: Incidentally, I've noticed that PayPal is now pushing real hard to have each ebay transaction debited to your checking account instead of a credit card. Probably costs them less money that way -
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Paypal is pushing for checking account info for one reason, once you give them permission to access your account, there is no real way to stop them from accessing it again. Sure you can go to court and fight to get your money back but it will cost you. I think someone on this board had an experience with Paypal and an auction. They sold something, collected the money and delivered the product. The money cleared Paypal. Then Paypal reversed the charges and took all the money back out of his bank account without ever telling him, I believe because the customer claimed to have been cheated.
Link Posted: 12/7/2002 11:28:04 AM EDT
Link Posted: 12/7/2002 11:41:28 AM EDT
I guess it is the same down there as it is up here in Canada, they say Canadians are the biggest user's of debit cards in the world. A week does not go by in my city where a major scam is not being taken down or reported. The debit card thing is completely compromised and the banks don't want you to know about it because they are making a killing on the fees and the losses have not come near the profits. All bankers care about is the bottom line. I know the above post is about online security, but the real problem is the point of sale terminals. The banks are always telling customers to never give out your pin and keep it secret, but it is O.K. to give your card to someone in a store to swipe through their unsecured terminals? At first banks and law enforcement were telling customers to make sure no one is watching them enter their info and be on the look out for double swipes and cameras positioned to capture your PIN, this just went to prove how far behind they are when it comes to tech crimes. It is not very difficult to manipulate the terminals to capture all the data you enter including your PIN and even your transaction, it seems most of the idiots that get caught fail to enable the terminals to collect the original sale transaction and that leaves a trail right back to where the fraud took place. Never, Never use a debit card online or at the point of sale. ONLY at a trusted ATM. Use a credit card for purchases and make sure you are not on the hook for fraudulent use of the credit card. It is very difficult to prove to a bank that you did not make the transactions on a debit card, they will give you the "you are the only one that knows your PIN" BS and try to make you pay even if they are pretty sure you were scammed, again the bottom line.
Link Posted: 12/7/2002 1:56:55 PM EDT
Originally Posted By Skibane:
Thats why I have 2 checking accounts, at different banks. I use one for online purchases and such, the other is my primary account, all monthly bills go through that one.
View Quote
That sounds like a lot of needless trouble — two separate accounts to reconcile, two sets of statements to review every month, two monthly checking account fees, two sets of replacement checks to order...All of which could be avoided by just using an ordinary credit card to make your online purchases! Incidentally, I've noticed that PayPal is now pushing real hard to have each ebay transaction debited to your checking account instead of a credit card. Probably costs them less money that way -
View Quote
Hi, nope not to much trouble at all, the only account I review each month is my primary account, the other I only depostit into it what I am going to spend, it also is a free account, so no monthly fees, also I do not order checks on that account, only have a debit card for it, and since I know what I am going to spend there are never any interest or late fees in the event I could not pay off a credit card balance in full each month, works out very well.
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