The increased use of both debit and credit cards has significantly simplified our daily transactions, making them more convenient and efficient. However, this widespread adoption has also triggered a rise in card-based scams. Criminals are continually looking for new ways to gain access to your cre...
Credit cards are consistently the most commonly used payment method in instances of fraud. According to the latest data from the Federal Trade Commission (FTC) [*]: In the first 9 months of 2023, over 83,000 Americans were victims of credit card fraud — with losses of $183 million. ...
And with more and more small, everyday purchases being put on credit cards, the vague "recent purchase" angle becomes more convincing. How to avoid the overcharge scam Don’t give sensitive personal information over the phone. Hang up. Check your credit card statement. If something there ...
messages with misspellings or poor grammar offers that seem too good to be true 3. interest rate reduction scams a company tells you it has special relationships with credit card issuers, and for a fee it can help you get a lower interest rate on your cards. it might be able to help ...
As I mentioned in the example about my run-in with a sugar daddy on Instagram, these scammers often ask for gift cards. But, fake sugar daddies might also ask for payment via cryptocurrency. You should also watch out for cash requests over PayPal. The sugar daddy scammer sends a request...
Credit cards come with fraud protection, but bank transactions don't necessarily have the same protection. Key Takeaways Scams that target your bank account include check overpayment scams, charity scams and online lending scams. Young people are especially susceptible to employment scams. Remember, ...
To get handle on the consequences of these calls the study talked with 1,000 adults in the U.S. who have mobile phones about their experiences with calls by scammers and telemarketers. Giving it away More than 4% of people told a scammer their credit card information, and while this ...
Then, they’ll use this information to open up credit cards in your name and steal your identity. Instagram followers scam Some scammers on Instagram target influencers as well as ordinary users. The fake-follower market is a booming business in the world of social media influencers, and ...
Capital One credit cards with virtual numbers Using Eno®, Capital One's intelligent assistant portal, you can create unique virtual card numbers that are linked to your eligible Capital One credit cards. Create a virtual number for each merchant, which Eno can save to use again in the futur...
romance scams, older people often suffer a heavier financial loss. Scammers target older people because they are more likely to have assets such as retirement funds or homes, which they can steal. It is believed thataround two-thirds of romance fraud victims are women, with an average age ...