Saturday, February 7, 2009

The 25 cent Scam out for this one

Here's another new sneaky scam that you need to beware of and tell everyone you know
and care about to watch closely for. I call this one the $.25 scam!

And here's how you can stung by this one and what you need to do to protect your self.

Let me describe how this one works.

Scammers will obtain your credit card information and use it to place a $.25 charge
on your card. Now most people will see a random $.25 charge and simply ignore it
because it's only $.25.

But here is where the trouble starts.

This $.25 is simply the tip of the iceberg and there's a giant rip off lurking below the surface and ready to show up on your next statement.

These scammers have used your card to make this 'noise level' purchase simply to test your card ... to make sure it's ready to go when they start charging up a storm at your expense.

By the time these guys move past the round 1 at $.25 and on to round 2've got some real trouble on your hands!

So here is what you need to do.

1. Examine every credit card statement every month.

2. If you spot a $.25 charge ...cancel the card!

Don't wait to see what will happen, call your card company and cancel that card and request a replacement. Do so is free ...fighting a string of fraudulent charges will cost you a lot of time and effort so don't let it happen.

I hope this helps.



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