Frank on Fraud reported:
A new tricky scam targets restaurant goers, fooling them into divulging their PINs and charging thousands of dollars for small-ticket items.
The scam occurs where you might be less vigilant about your transactions – restaurants, airports, and typical tourist locations.
This is how the scam works:
Use a debit card for a small purchase. The scammer skips entering the amount, asking for your PIN instead. The POS system interprets your PIN as the transaction amount. The scammer claims the transaction failed and asks for your PIN again, finalizing the fraudulent transaction.
A new tricky scam targets restaurant goers, fooling them into divulging their PINs and charging thousands of dollars for small-ticket items.
The scam occurs where you might be less vigilant about your transactions – restaurants, airports, and typical tourist locations.
This is how the scam works:
Use a debit card for a small purchase. The scammer skips entering the amount, asking for your PIN instead. The POS system interprets your PIN as the transaction amount. The scammer claims the transaction failed and asks for your PIN again, finalizing the fraudulent transaction.
Find out more with the original article here.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat