I had my CC hit but can not figure out the scam

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edteach
 
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I had my CC hit but can not figure out the scam

Postby edteach » Thu Jul 06, 2017 10:30 am

I need some help on what to do. first off I am new here. I signed up because I have some questions on a scam about jewelry. About three weeks ago I saw a charge on my wifes CC for 5k. It was for Jewelry. We don't buy jewelry on line or really locally much for that matter not to mention for 5k. I called my CC company and we disputed the charge. Today the postman rang the bell and wanted a signature for a registered mail package. I was not expecting a package. I opened it and it was a neck-less appraised at 6k. It came with an apprised card. My first thought was it was a 20 dollar neck-less and they sold it for 5k. I called the appraiser and looked on line and they seem to be small but legit. So if its real where is the scam? Anyone ever heard of this? I am taking it into my local jewelry shop to see if it is indeed real.


rockyrock
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Re: I had my CC hit but can not figure out the scam

Postby rockyrock » Fri Jul 07, 2017 8:27 am

edteach wrote:I need some help on what to do. first off I am new here. I signed up because I have some questions on a scam about jewelry. About three weeks ago I saw a charge on my wifes CC for 5k. It was for Jewelry. We don't buy jewelry on line or really locally much for that matter not to mention for 5k. I called my CC company and we disputed the charge. Today the postman rang the bell and wanted a signature for a registered mail package. I was not expecting a package. I opened it and it was a neck-less appraised at 6k. It came with an apprised card. My first thought was it was a 20 dollar neck-less and they sold it for 5k. I called the appraiser and looked on line and they seem to be small but legit. So if its real where is the scam? Anyone ever heard of this? I am taking it into my local jewelry shop to see if it is indeed real.



Keep in mind, appraisals are quite subjective. My wife's wedding ring was appraised at $22.5k but I "only" paid $18k. The only ones that truly care about appraised value is insurance companies.

Are you sure your wife isn't sleep-walking and ordering stuff on QVC ;)

In all seriousness, keep us posted, this is interesting.
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kcm7
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Re: I had my CC hit but can not figure out the scam

Postby kcm7 » Fri Jul 07, 2017 9:21 am

This isn't something I've ever heard about.

But I'm going to go with Occam's Razor and assume your wife ordered it.

Second possibility is that the jewelry company is a scam, they got your card info, "sold" you a cheap necklace for $5k, and will use the signature on the delivery as a way to reverse the charge back (if you signed for it). Did you sign?
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CarefulBuilder14
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Re: I had my CC hit but can not figure out the scam

Postby CarefulBuilder14 » Fri Jul 07, 2017 12:32 pm

kcm7 wrote:This isn't something I've ever heard about.

But I'm going to go with Occam's Razor and assume your wife ordered it.

Second possibility is that the jewelry company is a scam, they got your card info, "sold" you a cheap necklace for $5k, and will use the signature on the delivery as a way to reverse the charge back (if you signed for it). Did you sign?

This makes the most sense to me. They could be setting it up so it looks like they're just an "innocent merchant" who a "jerk customer" is refusing to pay after "changing his mind" about an expensive purchase.

They can produce a fake record of the order. They have your signature for the package. In some cases, a lazy dispute analyst won't look any further.

I do kind of wonder if the necklace is fake and worthless...or contains just enough precious metal and stones to satisfy a fraud analyst. A piece that retails for $5k may have only cost them a small fraction of that to make.

"Small but legit" online just involves a little web design work and maybe some fake yelp reviews or something.

Contact the card issuer immediately to tell them about the necklace's arrival.
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JackLane
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Re: I had my CC hit but can not figure out the scam

Postby JackLane » Thu Aug 03, 2017 1:35 pm

Is there any update to this?

I can't exactly help with the issue but heard this at least twice on the news in the last couple of months that this is a new type of scam. The news was abt an old woman whose card got charged with a $600 laptop and it indeed got delivered to her place from BestBuy. I don't remember the follow up of that but it rang the bell.

I am very curious to know how this thing went. I have already gotten scammed so I am watchful nowadays.
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CarefulBuilder14
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Re: I had my CC hit but can not figure out the scam

Postby CarefulBuilder14 » Thu Aug 03, 2017 1:49 pm

JackLane wrote:Is there any update to this?

I can't exactly help with the issue but heard this at least twice on the news in the last couple of months that this is a new type of scam. The news was abt an old woman whose card got charged with a $600 laptop and it indeed got delivered to her place from BestBuy. I don't remember the follow up of that but it rang the bell.

I am very curious to know how this thing went. I have already gotten scammed so I am watchful nowadays.

Are you saying Best Buy sold her the laptop? Or a 3rd party sold it to her but ordered it from Best Buy to be shipped to her?

Jewelry is a better item to use because the retail prices are so inflated. High margins allow scammers to come out ahead after some successful (for the victim) chargebacks.
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