Consumer Publications List
to Avoid Credit Card Fraud
According to the National Fraud
Information Center, credit card fraud in the U.S. takes an annual toll of
slightly under $1 billion a year. But who pays the pricetag? We all do, in the
form of higher finance charges, annual fees, and costs for law
Con artists commit
fraud by stealing and selling credit cards, using counterfeit cards, and
operating mail order and telemarketing scams. Some thieves raid mailboxes and
trash cans to find credit cards and account numbers. And some clever scam
artists get this information through electronic eavesdropping and other
card companies are working to design more counterfeit-proof cards, you still
need to take some simple precautions to outsmart con artists and avoid becoming
another victim of fraud.
Your Credit Card
is an expert at robbing consumers' mail boxes for credit cards that have not yet
been signed by their owners. She simply signs the owner's name on the card and
heads for the shopping mall. The next day, she throws the card away and looks
for another one.
Credit Card Number
Gullible received a phone call from a woman promoting discount vacation
packages. All she needed was his credit card number and expiration date, she
said, to include him in a 'special deal' for a Hawaiian vacation. Gary found out
the offer was phony when he never received his airline tickets although his
credit card was charged for them.
Helen was holiday shopping when her wallet was stolen from her purse. She didn't
realize until she got home that all ten of her credit cards had been stolen. She
was sorry she hadn't left home the eight cards she rarely uses.
Maryland Attorney General's Consumer Protection
DivisionConsumer hotline: (410) 528-8662 or 1 (888) 743-0023 toll-free
200 St. Paul Place, Baltimore, MD 21202
410-576-6300 / En español 410-230-1712 / 1-888-743-0023 toll-free / TDD: 410-576-6372