Credit Card Buyers, Sellers Making Out Like Bandits

February 23, 2016

  • February 23, 2016 at 1:35 pm
    Jack Kanauph says:
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    That’s more than one can make in insurance fraud (not counting the lawyers of course). Thanks for sharing, IJ. I’m gonna get me a new career!
    For those of you interested in investing in my new start up, please email me your credit card number, expiration date, name and address to JK@sucker.com Thanks.

    • February 23, 2016 at 3:02 pm
      Rosenblatt says:
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      No way, Jack! You’re not getting any of that unless you also request my CVV code, my mother’s maiden name and my social security number. Nice try though :D

  • February 23, 2016 at 1:43 pm
    Wild Bill says:
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    These numbers don’t seem to add up. Even at $2,000,000 for 50 cards, that’s $40,000 per card. This is higher than the limit on most cards and seems to assume no action by the bank when the unusual activity is detected. My bank barred two charges under $10 (they described them as trial runs) that were made to my card. I do not doubt that this is a serious issue, but the numbers seem to based more on shock value than reality.

    • February 23, 2016 at 4:04 pm
      Rich says:
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      I agree….you need to fine tune this article for accurate numbers. They just do not add up!!!



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