Credit card fraud

Uk.Finance.Yahoo news has an interesting article about a new type of credit card scam.


[...] The scam works by the victim being telephoned by the fraudster to renew their debit or credit card owing to a fraud on the account. The owner is told to key in their pin number on the phone and a courier is sent out to collect the card. The card is then sent direct to the criminal who also has the pin number.

The majority of victims are older adults and the scammers often give an alternative number for people to call back on to ensure the call is genuine. But instead of hanging up many people are tricked into thinking the call is from their bank and stay on the line.[...]

The UK Payments Council has urged people never to hand over their card to anyone who has come to the door, never to enter their pin number over the telephone and to always speak to their bank securely by making sure there is a dial tone when calling and only ever using the bank’s advertised number.[...]

Credit card scam

Yahoo Finance has an interesting article about some recent credit card scams.

"The scam involves a person being called by someone claiming to be from their bank. They are told that their debit or credit card needs collecting as it needs replacing following fraud on their account.

The caller often suggests that the person hangs up and calls the bank back if they want to ensure the call is genuine, but stays on the line, tricking the person into thinking they’re calling their bank. The criminal will then ask the person to key in their PIN number, before sending a courier to collect the card. The victim is told the card is going to the bank to be changed but it is actually delivered to the fraudster to use along with the PIN obtained during the scam"

the above scam has some assumptions.
1. You get the initial call on your landline number. Since I suppose people can spot when their mobile is on a call.
2. The victim uses the same landline to call the bank. Not their mobile number.
3. I would imagine that victims of such scam are older in age that do not use mobile phones, or that would be less likely to spot that their landline call did not hang up.
4. Those people are less likely to read about this scam online.

Bottom line. DO NOT GIVE or TYPE YOUR PIN OVER THE PHONE TO NOBODY. Never hand your Credit Card over to anyone who comes to collect it.