I get a lil surprise this morning when I log into my bank account. Apparantly someone decided to write down the numbers on my husbands debit card and create a "fake card" and use it at Walmart to spend a couple hundred dollars...I guess they figured I should buy their Christmas gifts.
Thank goodness I am anal in the sense I check my account faithfully every morning to check off what cleared and look for suspicious charges...or keep tabs on hubby's spending.
There is a lot of ways this type of fraud can be done after speaking with Walmart and our banking institution. One way is handing your card to lets say a server at a restaurant. They can write down all the numbers and create a fake card that can be used anywhere...well until you find out about it and cancel the card.
Another way is they put a device outside the gas tank where you swipe your card and immediately get the information.
Think about it; all someone needs is the numbers on the front and back of the card and they can order online now days.
So lessons I learned:
1. Pay cash at restaurants...it's sad but trust nobody.
2. Pay for my gas inside the gas station instead of swiping my card outside at the pump.
3. Do not use my debit card to order online (I typically don't do this I normally would use a credit card if I wanted to order something)
4. Pay Cash and be done with it.