Beware of Credit Card Frauds. Read On. - Real Story.
By ketybhagat
@ketybhagat (4123)
India
June 16, 2008 11:17pm CST
A guy went to the gym and put his clothes and wallet in the locker. After workout, he went to the locker to find his locker open. Wondering if he had left it open, he checked his belongings. All money and cards in order. After some time he received a bill for a huge amount. On checking with the bank, the customer personell verified that there was no mistake. Asked if he had lost his card. On checking his card, he was shocked to see a switch had been made. A similar expired credit card had been replaced and small amounts withdrawn amounted to a big amount. The bank insisted that since he did not report the missing card, he would have to pay the sum. Why were no calls made to verify such a big amount. Small sums rarely trigger a bell. So do be careful.
3 responses
@stephcjh (38473)
• United States
17 Jun 08
Yes. I think they should have called to verify it also. Most of the credit card companies are not out for their cutomers. they could care less. they just want the money that was charged on the cards pluc the interest and any fees incurred. They don't care and you have to prove, if you can, that it was not you, who charges that amount.
@nicholejade (2430)
• Canada
17 Jun 08
First off what person takes their credit cards to the gym? I have never seen this. The only thing I have seen people do is bring their licence if they have one and their membership card as well if they have one. With this matter with him not reporting the stolen credit card it is his responsibilty of it. The credit card companies as well have liablities and if they did pay for everyone who this happens to they would be going under. Depending on the amounts that were spent as well and what they are purchasing is not going to trigger something off like that. I do however think that if you have a credit card and you don't normally make big purchases I suggest talking to your credit card company and ask them to red flag it for certain amounts of purchases. That way less fraud will be happening.
@yogeshdhusa (2236)
• India
17 Jun 08
Thanks for the information, well i dont have a credit card and if i have debit card i will not take to such place unless and untill i need it their. I carry cash not too much. its so upsetting that the person has to pay for the bill, i think he should say no, because the shopkeeper has to verify the signature and the cross check the card belongs to him or not (driving lisence)
