Card Cracking making the rounds at colleges
Posted by: Timothy Weaver on 05/01/2015 05:04 AM
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U.S. Postal inspectors are warning college students of a scam that is making the rounds called "card cracking".
Reaching out to college aged students via Facebook, Twitter and Instagram, the scammers are trying to get the victim to hand over their banking info. It is a similar scam that is like the old Nigerian scam, victims are asked to deposit a check and in return receive half of the proceeds. Of course, the check is counterfeit and the victim usually doesn't find out about it until after the scammer is long gone.
Assistant Inspector in Charge, Vic Demtschenko, said: “They’ll demonstrate they have a lot of money, they will throw wads of cash around and act in that manner to try and entice people to give up their ATM cards. There are in some instances where young adults thought that they were applying for a college grant and in reality they were being asked to provide their debit cards.”
Not only are the victims being scammed out of money, but they are also liable to be hit by fraud.
Inspectors said students should never allow strangers to access their bank accounts, keep ATM cards and campus ID’s that have pins private, use hard-to-guess PIN’s and do not auto-fill passwords on phones or computers.
Source: Winknews
Reaching out to college aged students via Facebook, Twitter and Instagram, the scammers are trying to get the victim to hand over their banking info. It is a similar scam that is like the old Nigerian scam, victims are asked to deposit a check and in return receive half of the proceeds. Of course, the check is counterfeit and the victim usually doesn't find out about it until after the scammer is long gone.Assistant Inspector in Charge, Vic Demtschenko, said: “They’ll demonstrate they have a lot of money, they will throw wads of cash around and act in that manner to try and entice people to give up their ATM cards. There are in some instances where young adults thought that they were applying for a college grant and in reality they were being asked to provide their debit cards.”
Not only are the victims being scammed out of money, but they are also liable to be hit by fraud.
Inspectors said students should never allow strangers to access their bank accounts, keep ATM cards and campus ID’s that have pins private, use hard-to-guess PIN’s and do not auto-fill passwords on phones or computers.
Source: Winknews
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