The following narrative was received from a friend.
latest scam is pretty slick. The scammers provide YOU with all the
data, except for just one piece of information they need. They do
not ask for your card number; they already have it. By understanding
how this VISA and MasterCard telephone credit card scam works, you'll
be better prepared to protect yourself.
scam works like this: Caller: "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 item for $497.99
from a company based in Arizona?"
caller then continues, "I am initiating 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."
caller then gives you a 6 digit number, "Do you need me to
read it again?"
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 possessor 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 Thursday, we called
back within 20 minutes to ask a question. Are we glad we did! The
REAL VISA Security Department told us this is a scam and in the
last 15 minutes a purchase of $497.99 was charged to our card.