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WORLDWIDE Chapter 149 Message Board Forum Index » Common Sense » A new scam
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A new scam
PostPosted: Thu Jan 03, 2019 6:57 pm Reply with quote
Friend of 149
Joined: 06 Nov 2008
Posts: 4804
Location: Melbourne Australia

There is a new scam going around hitting businesses that use card readers.

In particular those small portable ones.

A customer comes in and buys something.
He asks to pay with card.
You key in all the details and then give him the card gismo so he can enter his pin number.

At this point the accomplice ( yes there are 2 people ) distracts you and the bloke changes the transaction amount to a much higher one, say $2500 instead of $25.

Oh dear he cries we have made a mistake, how do we fix it.

Most folk would offer to reverse the transaction and start again.

During this he switches cards from the stolen one he first used to his own so the refund goes onto his card. 10 mins later he is around the corner withdrawing the cash from an ATM and the business is out the original sale which has to be refunded because the card was stolen plus the refund that the crooks cashed out.

A double whammy.

Banks are being pressured to fix this bug in their system.

Learning all the time.

Proud member of CH149 and Global Horology
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A new scam
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