NEW YORK, 5:06 PM, SUN JUL 20 | 7 POSTS IN THE LAST 24 HOURS | tips@consumerist.com | RSS

Scam Watch: Credit Card Shaving

creditcardshaving.jpgHave you heard of "credit card shaving?" In this version of credit card fraud, thieves try out 16-digit number sequences until hitting one that works. Then they take gift cards from stores and shave off the digits and glue them onto a credit card. They scratch the magnetic strip so the clerk has to enter the credit card number by hand. It's apparently all the rage in Portland There's no defense against it except to monitor your statement for suspicious charges.

Credit card scam requires no credit card [The Oregonian] (Thanks to Ellis!)
(Photo: Getty)

1:31 PM on Mon Mar 31 2008
By Ben Popken
8,798 views
70 comments