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In a town with a population of about 3,000 people it seems that almost all the citizens of Bennett, Colorado have had their identity stolen. The scheme was simple and it was easy to fall victim. Identity thieves apparently used skimmers to extract credit and debit card numbers from individuals. Skimmer scams can happen when the criminal installs a “skimming” device over the card slot of an ATM, debit or credit card reader. The skimmer then reads the magnetic strip as the user unknowingly passes their card through it.
In the case of Bennett, Colorado it is believed that this was done at a local King Soopers gas pump. The skimmer is gone now and authorities are on the hunt for the thief. King Soopers has denied that any of the fraudulent activity happened at their gas pumps and authorities have also said that they knew this was a crime spree for the past few weeks. In the meantime, many of the victims who used debit cards are without those funds because its the same as using cash. The average amount stolen was around $700 and more people are coming forward every day.
Posted in Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: Bennett, Colorado, credit card fraud, Debit Cards, Fraud, identity theft expert, Identity Theft Prevention, John Sileo, Skimmers, Skimming
There is a new wave of Hi-Tech Identity Theft that the average person has no idea is possible. Identity Thieves are able to steal your credit card information without even touching your wallet.
RFID, or radio-frequency identity technology was introduced to make paying for items faster and easier. What many probably didn’t expect is that the same technology can be used by thieves to get your payment information just as easily. All major credit cards that have this technology have a symbol (pictured to the right). It means that your card can communicate via electromagnetic waves to exchange data (your credit card number) between a terminal and an electronic tag attached to an object, for the purpose of identification. With a quick scan of the card, the same way you would scan it to pay for items, all of your payment information is directed towards a source or identity thief’s computer in this case.
Posted in Identity Theft Prevention by Identity Theft Speaker John Sileo.
Tags: "Identity Theft, Contactless, Credit Card, credit card fraud, Credit Card Theft, Electronic Pickpocket, identity theft expert, Identity Theft Speaker, John Sileo, Mastercard, Payment Fraud, RFID, Skimming, Video, Visa
There is a new wave of Hi-Tech Identity Theft that the average person has no idea is possible. Identity Thieves are able to steal your credit card information without even touching your wallet.
RFID, or radio-frequency identity technology was introduced to make paying for items faster and easier. What many probably didn’t expect is that the same technology can be used by thieves to get your payment information just as easily. All major credit cards that have this technology have a symbol (pictured to the right). It means that your card can communicate via electromagnetic waves to exchange data (your credit card number) between a terminal and an electronic tag attached to an object, for the purpose of identification. With a quick scan of the card, the same way you would scan it to pay for items, all of your payment information is directed towards a source or identity thief’s computer in this case.
Posted in Identity Theft Prevention, Sileo In the News by Identity Theft Speaker John Sileo.
Tags: "Identity Theft, Contactless, Credit Card, credit card fraud, Credit Card Theft, Electronic Pickpocket, identity theft expert, Identity Theft Speaker, John Sileo, Mastercard, Payment Fraud, RFID, Skimming, Video, Visa