Financial Scam

credit-cards

A friend of mine didn’t notice that her credit card had already expired until she tried to use it to pay for a meal at a restaurant. She immediately called up her bank to ask for the renewal card. Usually they send the renewal card way ahead of the expiration date, so it completely slipped in mind to check the validity of my friends’ card.

She learned the bank that her renewal card was sent on time, but to her old billing address. My friend have been using a different billing address for more than five years now, so it was a shock when they said the name of the person who received the card on behalf of my friend. She did not know the person and nor did the occupants of her old billing address. When my friend checked her billing statements, she realized she had already paying for this person purchases for 3 months.

My friend case isn’t the first and only credit card fraud cases ever to be reported. In fact fraudster continues to find new ways of targeting unsuspecting costumers. So, my friends please do make sure that your credit card are checked and properly put in your wallet for security reasons.