Have 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.
Scam Watch: Credit Card Shaving
By consumerist.com March 31, 2008
- one last time Credit Card Forgers Going On One Last Crime Spree While Magnetic Stripe Readers Are Still Prevalent
- skimmer scammers 2 Men Accused Of Using ATM Skimmer To Take $500K From US Bank Customers
- that doesn't seem right Can A Cashier Make Me Read My 3-Digit Credit Card Code In Front Of Other Shoppers?
- when a stranger calls ID Thieves Also Use Call Centers To Outsource Their Scams
- Can you Remember a 4-digit code? Target To Be First Major Credit Card Issuer To Require PINs For Chip-Enabled Cards