VISA-MasterCard Fraud

Fraud Sucks, but when VISA-MasterCard Fraud happen to you -

Here at I received a valuable VISA-MasterCard Fraud SCAM ALERT that I want to pass on to you.

The information on this particular VISA-MasterCard Fraud scam can be verified on

What makes it particularly disturbing is how frequently VISA-MasterCard Fraud is being used successfully.

I have copied and pasted this nearly word for word from my email so that I do not miss any important details you may need to know.

Please pass this warning on to your friends and family!  It is a timeless rendition os a VISA-MasterCard Fraud scam that happens over and over through generations.

Visa-MasterCard Fraud:

Please be aware and very careful who you provide your credit card info to!

This one is pretty slick since they provide YOU with all the information, except the one piece they want..

Note, the callers do not ask for your card number; They already have it.

This information is worth reading because by understanding how the VISA-MasterCard Fraud telephone Credit Card Scam works, you’ll be better prepared to protect yourself.

One of my friends employees was called on Wednesday from ‘VISA’, and he was called on Thursday from ‘MasterCard’.  24 hours ago another friend was called from Microsoft using this same scam!

This is how the VISA-MasterCard Fraud Scam Works:

Person calling says:  “This is (name), and I’m calling from the Security and Fraud Department at VISA. My Badge number is 12460 . . . ,

Your card has been flagged for an unusual purchase pattern, and I’m calling to verify. This would be on your VISA card which was issued by (name of bank).

Did you purchase an Anti-Telemarketing Device for $497.99 from a marketing company based in Arizona ?”

When you say, “No”, the caller continues with,

“Then we will be issuing a credit to your account.

This is a company we have been watching and the charges range from $297 to $497, just under the $500 purchase pattern that flags most cards.”

“Before your next statement, the credit will be sent to (gives you your address), is that correct?”

You say, “yes”.

The caller continues – “I will be starting a VISA-MasterCard Fraud Investigation. If you have any questions, you should call the 1- 800 number listed on the back of your card (1-800-VISA) and ask for Security. You will need to refer to this Control Number.”

The caller then gives you a 6 digit number and then says,  “Do you need me to read it again?”

Here’s the IMPORTANT Part on how the VISA-MasterCard Fraud Scam Works:

The caller then says, “I need to verify you are in possession of your card.”  He’ll ask you to, “turn your card over and look for some numbers.”

There Are 7 Numbers

  • The first 4 are part of your card number
  • The last 3 are the Security Numbers that verify you are the possessor of the card.

These are the numbers you sometimes use to make Internet purchases to prove you have the card.

The caller will ask you to,  . . . “Read the last 3 numbers to them (him or her).” After you tell the caller the 3 numbers, he’ll say, “That is correct, I just needed to verify that the card has not been lost or stolen, and that you still have your card.  Do you have any other questions?”

After you say, “no,” the caller then thanks you and states,  . . . “Don’t hesitate to call back if you do . . . “, and hangs up.

You actually say very little, and they never ask for or tell you the card number.

But after my friends were called on Wednesday, they called back. . . within 20 minutes to ask a question, and boy are they glad they did!

The REAL VISA Security Department told us it was a VISA-MasterCard Fraud Scam and in the last 15 minutes a new purchase of $497.99 was charged to their card.  Our friends made a real VISA-MasterCard Fraud report and closed the VISA account. VISA is reissuing them a new number.

What the scammers want is the 3-digit PIN number on the back of the card. Don’t give it to them.

Instead, tell them you’ll call VISA or Master Card directly for verification of their conversation.

The real VISA told our friends that they will never ask for anything on the card as they already know the information – Since they issued the card!

If you give the scammers your 3 Digit PIN Number, you think you’re receiving a credit; however, by the time you get your statement you’ll see charges for purchases you didn’t make, and by then it’s almost too late and-or more difficult – to actually file a VISA-MasterCard Fraud report.

What makes this more remarkable is that on Thursday, Our friend got a call from a ‘Jason Richardson of MasterCard’ with a word-for-word repeat of this VISA-MasterCard Fraud Scam.

This time he didn’t let the caller finish.  He hung up!  Then he filed a police report, as instructed by VISA.

Fraud Prevention Techniques for Credit Card FraudVISA-MasterCard Fraud
VISA-MasterCard FraudVISA-MasterCard Fraud

The police said they are taking several of these reports daily!

Police urged our friends to tell everybody we know that this scam is happening.

Our friends dealt with a similar situation again – just this morning, with the caller telling him that $3,097 had been charged to his account for plane tickets to Spain, and so on through the above routine.

It appears that this Is a very active VISA-MasterCard Fraud Scam, and evidently quite successful.

VISA-MasterCard Fraud

Don't Get Caught With Your Pants Down! Beware the VISA-MasterCard Fraud

{ 1 comment… read it below or add one }

Stacy September 21, 2012 at 9:11 AM

This is cool!

Leave a Comment

Previous post:

Next post: