Posted on Thursday, 4th March 2010 by CreditCardGuru
Alleged debit card fraudster Florin Necula was confronted with some incriminating evidence which was tough to swallow, but he found a way… by literally swallowing it!
The alleged events actually occurred back in January, but they’re just coming to light now, thanks to a recently unsealed search warrant affidavit.
New York City resident Florin Necula and his [...]
Tags: credit card fraud, debit card fraud
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Posted on Monday, 4th January 2010 by CreditCardGuru
As some of you may have heard, earlier this year American Express filed suit against Courtney Love, alleging that she has an unpaid credit card balance of over $350,000 (with that amount I’m guessing she must have a Centurion card).
Now, Courtney has turned around and filed a counter-suit against them… she blames AmEx for the [...]
Tags: american express, courtney love, credit card fraud
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Posted on Saturday, 5th December 2009 by CreditCardGuru
For the average American, it is often difficult to accumulate sizable credit card rewards in a timely manner. Spending enough to get a free airline ticket may take you a couple years. However if you’re a business and you funnel your purchases through a card, we all know how easy it is to rake up [...]
Tags: credit card fraud, frequent flyer miles, government abuse, wasteful spending
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Posted on Saturday, 28th November 2009 by CreditCardGuru
I hope you and your family had a wonderful Thanksgiving! I also hope your Black Friday wasn’t too hectic (if you participated). Compared to last year, in my opinion the deals this year really sucked, so I didn’t bother getting up before the crack of dawn to go wait in line. However I did make [...]
Tags: black friday, credit card fraud, credit cards
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Posted on Monday, 17th August 2009 by CreditCardGuru
Right now on the US version of the CNN homepage, the main story is about a suspect who allegedly has set the all-time record for the number of credit card numbers stolen - more than 130,000,000! Furthermore, the previous record was also allegedly set by him; stealing 40,000,000 account numbers.
Who is this suspect? Well his [...]
Tags: credit card fraud, credit cards
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Posted on Wednesday, 15th April 2009 by CreditCardGuru
On Credit Card Forum there have been quite a few posts lately about employees abusing their company credit cards (including government credit card abuse). ABC News recently broke a story about a major credit card scam out of New York City for a prostitution ring that operated under the name Davis Investments. For liability reasons, [...]
Tags: bank bailout, credit card fraud, government credit card abuse, how to stop corporate credit card abuse, tarp
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Posted on Tuesday, 17th March 2009 by CreditCardGuru
Do you know who Norm Coleman is? Even if you aren’t a resident of Minnesota, you should recognize the name from heated (and on-going) recount there between him and Al Franken. Well now Coleman has a whole new problem to deal with; he is being accused of leaking credit card information from over 50,000 of [...]
Tags: al franken, credit card fraud, credit cards, norm coleman
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Posted on Tuesday, 10th March 2009 by CreditCardGuru
A massive scam is sweeping major cities across the country, where crooks solicit credit card numbers from unsuspecting people through text messages. Here’s how to avoid this scam, but first, you need to learn how it works:
You receive a text message or phone call that claims the following: your credit card information has jeopardized and [...]
Tags: credit card fraud, credit cards, fraud, text message credit card scam
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Posted on Friday, 27th February 2009 by CreditCardGuru
In this economy, many are struggling to pay for basics like food on the table and a roof over their head, let alone elective cosmetic procedures. But the sour economy did not stop a 44 year old Florida woman, Julianne Johnson, from getting the boobs she always wanted - she allegedly turned to credit card [...]
Tags: boobjobs, breast implants, credit card fraud, plastic surgery
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Posted on Monday, 17th November 2008 by Nicole
Credit cards were created over fifty years ago, long before there was such thing as the personal computers, the internet, and of course online shopping. The credit card industry has tried adding security codes and using elaborate fraud detection algorithms, but credit card fraud still thrives everyday. Even though the actual cardholder is never responsible [...]
Tags: credit card fraud, credit cards, online credit card fraud, visa
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