We’ve posted before about security keys—those little digital keyfobs that generate expiring security codes over and over and make it incredibly hard for someone to gain unauthorized access to your account. They’re a great idea, and now if you own an iPhone you can install a Verisign app that will work with Paypal and eBay, as well as about two dozen lesser known sites. It’s probably the easiest step you can take to vastly improve security on those accounts.
fraud
NY Post Picks Up Consumerist Reader's ATM Skimming Story
By 4.12.09
Check it out, we’re in the New York Post today. They picked up our reader Dan’s story about finding an ATM skimmer at a Chase/WaMu, along with the skimmer spotted by Gizmodo reader Sean after they ran Dan’s story. Neat!
Reader Receives Three Phishing Attempts In One Week
By 4.8.09
DoomNasty tells us he’s been hit three times in the past week with phishing attempts. The first two were text messages from Alarion Bank, asking him to call 1-877-240-6149 “to find out why my debit/atm card was blocked. I do not have an account, and Privacy Assist shows no account was created behind my back.” The third was from 201-968-0007, but no message was left. He traced the number to Liquidity Solutions, Inc., who told him that “one of their numbers got hijacked and the hijacker is phishing for banking info.”
Rogue's Gallery Of ATM Skimmers
By 4.7.09
Since you guys liked yesterday’s post where a reader found an ATM skimming device so much, Network World has got a bit of “Rogue’s Gallery” of the credit card-number stealing machines so you’ll better know what to look for out in the wild. For instance, this photo shows how thieves will mount a camera on the ATM so they can record you typing in your PIN. It’s placed over the statement dispenser using plastic that matches perfectly with the “host” ATM. Sneaky.
Big Publisher's Clearing House Scam Drop Hits Mailboxes
By 4.7.09
Call your grandma: the BBB reports a big mailing of Publisher’s Clearing house scam letters went out on March 6th and March 20th, promising people big bucks in exchange for a hefty up-front fee. The fraudulent letters use the name Publisher’s Clearing House and Reader’s Digest but are sent by flim-flammers, not these organizations.The prize never materializes and the scammers dematerialize after you stop forking over bogus processing fees. One grandma, thinking she won $1 million, got taken for over $4,000. The fraudsters sent her a “downpayment” check of $6,000 and told to deposit it and send $3,700 of it elsewhere to claim her million-dollar-prize. Inside, what the scam letter and check look like so you know what to call your grandma and tell her to watch out for.
Treasury Announces Multi-Agency Crackdown On Mortgage Fraud
By 4.6.09
Various U.S. officials, including Treasury Secretary Tim Geithner, announced a multi-agency crackdown on foreclosure relief fraud today, vowing to “redouble efforts to crack down on schemes that target distressed homeowners and also to share more information and resources across agencies and with state officials,” says the WSJ.
Congrats! You're Hired! (To Be An Advance Fee Fraud Victim)
By 4.4.09
Are you a fast worker? Can you cash checks drawn on your name? File monthly reports on your preformed tasks? How would like a job in the exciting and burgeoning field of being an advance-fee fraud victim? Positions are available, and filling fast. Here’s the hot job offer reader Joel got emailed:
Bad Idea: Confessing To Your $100,000 A Year Shoplifting Habit On National TV
By 4.2.09
All the clever shoplifting tricks in the world won’t save you from yourself if you decide to reveal your secrets on Dr. Phil. Last week a fraud task force raided the home of Laura and Matthew Eaton, who appeared on an episode in November to show the audience how they did it and to say they were going straight.
You Won A Free Cruise! Now, What's Your Credit Card Number?
By 4.1.09
Allison filled out one of those “win a free cruise” forms at a local cask ale festival and almost got dunked in a barrel o’ scam fun for her troubles. Here’s her story:
Google Checkout Just As Bad As PayPal
By 3.27.09
Web brokers Google and PayPal don’t believe in human-to-human communication, and one place where you really need that is when you’re troubleshooting financial transactions. An interface designer/developer who used Google Checkout to sell an ebook has just been given a huge serving of suck by the “don’t be evil” company—they closed her account on her without warning and refuse to tell her why the closed it. The $200 in earnings that hadn’t been paid out yet are unretrievable, and she can’t open a new one.
Here's What A Mystery Shopper Scam Looks Like
By 3.23.09
Want to see what a secret shopper scam actually looks like? Tracey sent us scans of the one that arrived in her mailbox today. It included a letter printed on cut-and-paste letterhead, a form, and a check for $4,200. The idea behind this sort of scam—also called an advance fee fraud or wire transfer scam—is to get the victim to deposit the check, wait for it to clear, then wire back the bulk of the money. Weeks or months later, the check will turn out to be fake, and by law the victim owes the bank for the full amount of the check.
Inventor Of World Wide Web Becomes Online Fraud Victim
By 3.17.09
The man who invented the World Wide Web, Sir Tim Berners-Lee, has fallen prey to online fraud. It’s always a sad day when you’re betrayed by your own creation. Why, just the other day my best LEGO warrior ran away to join a DUPLOS commune. They live in a big circle, take what they need, and contribute their fair share of time in the community internet cafe running advance-fee fraud scams. Duplicity, built brick by interlocking brick.
Thanks For Giving My Tax Refund To Someone Else, H & R Block
By 3.6.09
Q:What happens when HR Block copies your bank information incorrectly and deposits your tax refund into someone else’s account? A:The other person spends it and H & R Block shrugs and tells you to call the police.
Girl Scout Cookie Sales Are Down, And Some Jerk Is Paying With Fake Money
By 3.2.09
Delicious though they may be, Girl Scout Cookies are not recession-proof. Sales are down by as much as half according to one troop leader.
Illinois Couple Swindles Best Buy Out Of $31 Million
By 2.27.09
The Chicago Tribune says that Russell Cole calls his $2.75 million Deerfield, IL home “the house that Best Buy built,” but now investigators are claiming that the Best Buy money was obtained through fraud.
Another Month, Another Massive Credit Card Data Breach
By 2.23.09
Don’t be too surprised if you get a letter from your bank or credit union in the next few weeks telling you it’s replacing your credit card. If your data was among the latest set compromised, Visa and Mastercard are already alerting financial institutions so they can cancel the account number.
No Evidence That Madoff Did Any Trading For His Clients In 13 Years
By 2.20.09
