Talk of The Villages Florida - View Single Post - Yet another Facebook scam
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Old 10-29-2023, 09:33 AM
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Quote:
Originally Posted by margaretmattson View Post
The scam is to gain access to your bank account. Some people easily give their bank account number when they believe someone is going to deposit money into their account. Instead of depositing, the scammers withdraw money from your account.

Have you ever seen that we have a UPS package for you but we are unable to deliver?
Or you won a brand new TV etc? When you respond, they will tell you there is a low-cost handling fee like $1.99. The scam: you have to give your credit card number. Once they have your numbers they use it to purchase items or to get cash. (Depending on what type of card you gave the information)
If someone has my name, sort code, and bank account number, the only direction money can flow, is into my account.
There are a lot more security levels involved to withdrawing money from my account.
If name, sort code, and A/c number were all that was required, it would be open season, and no one would have any money left in their account.

Credit Card abuse/theft however, is a whole different ball game.