![]() The following is a report given to LSS Financial Counseling by an individual who was subjected to this scam. You should also call your bank or your credit card company to report this attempt to scam you. If you get a call like this, hang up immediately. You should know that, typically, financial institutions do not call customers and request their personal account information. ![]() One of the things that’s tricky about this scam is that the scammer might have some of your personal information - which reinforces the perception that this call is legitimate. You can report this in our App by following these simple steps: if your card was lost or stolen well send you a replacement with a new 16 digit number if. If your debit card is lost or stolen, you need to act fast to protect your money. And, finally, in order to prove that you have the card, you’ll be asked to provide the three-digit security code. Novem 5 min read In a Nutshell Debit cards are a common payment method, but they offer fewer protections than credit cards do if your information is stolen.The scammer explains that your card has been flagged for suspicious transactions and you need to prove that you have the card in your possession.You’ll receive a phone call from a credit card company, typically from someone who works in the “Security and Fraud Department.” ![]() Scammers might pose as a financial institution and/or credit card representatives to trick unwary consumers into providing the three-digit security code on the back of a credit card or other sensitive information. VISA & MasterCard Telephone Credit Card Scam Scam warning! ![]()
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