I'm a member on another forum ( GlobalPaw.com ) and ran across this today. It happened to her and her husband. She has given everyone permission to post it else where, so here it is. WARNING...New Credit Card Scam. > Note, the callers do not ask for your card number; THEY already have it. > This information is worth reading. By understanding how the VISA & > MasterCard Telephone Credit Card Scam works, you'll be better prepared > to protect yourself. > > My husband was called on Wednesday from "VISA", and I was called on > Thursday from "MasterCard". > > The scam works like this: > 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 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. "Do you need me to > read it again?" > > Here's the IMPORTANT part on how the 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 next 3 are > the security Numbers that verify you are the pos sessor 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 3 numbers > to him. 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 we were called on Wednesday, we called back > within 20 minutes to ask a question. Are we glad we did! The REAL VISA > Security Department told us it was a scam and in the last 15 minutes a > new purchase of $497.99 was charged to our card. > > Long story made short: We made a real fraud report and closed the VISA > account. VISA is reissuing us a new number. What the scamm ers 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 us 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 fraud report. > > What makes this more remarkable is that on Thursday, I got a call from a > "Jason Richardson of MasterCard" with a word-for-word repeat of the VISA > scam. This time I didn't let him finish. I hung up! We filed a police > report, as instructed by VISA. The police said they are taking several > of these reports daily! They also urged us to tell everybody we know > that this > scam is happening. > > Please pass this on to all your family and friends. By informing each > other, we protect each other.