Bank Card Fraud - Like this?

[Platypus]

Once the forms have been signed giving the bank / card company permission to investigate, you get your money back and legaly the fraud no longer has anything to do with you so you never hear anything else about it.

Useful to know, Ill pass this back to the person involved. Thx.

[Diver]

My sisters card got ripped off for thousands a few years ago, the card was used to book a college course in Germany, airline tickets and to purchase a motor scooter.
She never heard any more about it after she filed a claim and was refunded in full.

[Iron Condor]

Happened to me last October, but i didnt open my statments until Feb.
Luckily the Credit Card company didnt mind the delay, although there must be some limit to it.

It was the Pizza company .. dodgy one i had never used before..

About £800 in Airline tickets (family of 3) to Dubai, probably booked online.

The names of the people who booked the tickets appeared as reference numbers on my statement!

Even with all this information i doubt they will ever be caught.

Anyway i will always check my statements every month, and start using COD for small phone purchases like Pizzas.

[AtW]

Even with all this information i doubt they will ever be caught.

They would not even look for them - too expensive, it is much cheaper to factor this fraud into high credit card fees and then add some more on top saying that fraud makes banks increase costs.

Who knows, maybe these easy money keep those guys from mugging people or robbing their houses.

[SueEllen]

According to the 2 programs I've watched about it you either tamper with the machine itself which is really easily, or intercept the signal. Have a read of the link below.

http://www.cl.cam.ac.uk/~mkb23/interceptor/

The only moral of the story is to use a credit card to pay for things from mobile chip and pin terminals or online as it isn't your money it's the credit card companies.

[threaded]

According to the 2 programs I've watched about it you either tamper with the machine itself which is really easily, or intercept the signal. Have a read of the link below.

http://www.cl.cam.ac.uk/~mkb23/interceptor/

The only moral of the story is to use a credit card to pay for things from mobile chip and pin terminals or online as it isn't your money it's the credit card companies.

When they upgraded the till-machines to chip'n'pin in Denmark they kept the same design of boxes, so all the chummies did was get hold of some old boxes, which was quite easy, reprogram them, and then re-replace the new boxes with their chummified old boxes. Cleaners at night would swap them in and out. Bingo, they were on a right winner there for quite a while. Well, until they gave me the contract to stop it.

Some shop managers were more than a little irritated as the chummified boxes were so much more reliable than the old or the new boxes and would have liked to have kept them.

[Churchill]

Bingo, they were on a right winner there for quite a while. Well, until they gave me the contract to stop it.

Oi Mods!!!

Where the flip is the "lying ******" or "bulltulip" smiley?

[The Lone Gunman]

The bank, the police and the government will call this identity theft which is the scourge of the modern age and not their fault at all.
It will not be regarded as theft or fraud as those crimes would have to appear on official figures and we dont want the crime rate going up do we.

Chip and pin was pushed through on its security benefits.
I have been asking for years how a simple four figure pin is more secure than a signature or a more complex system involving pictures.


I know signatues can be forged, but it is a lot harder to do than just nicking a pin.

[SueEllen]

Chip and pin was pushed through on its security benefits.
I have been asking for years how a simple four figure pin is more secure than a signature or a more complex system involving pictures.


I know signatues can be forged, but it is a lot harder to do than just nicking a pin.

It isn't.

The banks just wanted a way to make the public and the retailers liable for fraud on their behalf.

[PAH]

I have been asking for years how a simple four figure pin is more secure than a signature or a more complex system involving pictures.


I know signatues can be forged, but it is a lot harder to do than just nicking a pin.

Signatures rely on someone comparing them with a known genuine copy, usually from the back of the card itself. So either the comparison isn't done or the forgery is sufficiently close, or the card itself is fake with an easily replicable signature.

For once, biometrics (fingerprints and eye scans) may be the only workable solution, but will obviously cost a lot lot more so will be slow to materialise. Even then the database of biometrics being compared to needs to be secure and uncorruptable. If the cards themselves hold the data, there's always room for circumvention, probably by faking the card to hold the scammers biometrics instead of the card holders.