"Spoofing:" A New Credit Card Scam!

Weston, March 12 2006:

 

Just read an interesting piece about Phone "Spoofing:"  the practice of making a false caller ID appear.   There are companies out there like Spoofcard.com that sells a virtual 'calling card' for 10 bucks that allows the user to send fake caller ids and even scramble his or her voice!

 

This practice is currenlty legal.  But one illegal area it's being used:  credit card scams.

 

Caller ID spoofing is being used by people who buy stolen credit card numbers.  They call cash transfer companies, like Western Union, and set up cash transfers using the stolen credit card numbers.

 

Credit card companies use Caller ID to confirm the identity of a the user of a newly-issued card.  Spoofing undermines these efforts, too.

 

Even celebrities aren't immune from Spoofing's effects - there was a report that Paris Hilton was duped into giving up a cell-phone voicemail password by someone posing as technical support!

 

So be on the lookout for this type of fraud.  And don't give out your password to anyone, whether over the phone, online or some other way.

 

-Andy

 

P.S.  If you're credit is blemished due to credit card fraud or any other reasons, but you still would love to slash a couple hundred bucks or more from your monthly payments, mosey on over to www.FloridaLoanAdvice.com and check out our free reports, like "Escape the Debt Rat Race!".

Andrew Lockwood, JD.
Host - "The Best Damn Real Estate & Mortgage Show, Period!"

 

Blackacre Lending Corp.
Tel:  954.236.4500
Fax: 954.236.6878

 

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