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Friday, October 07, 2005

Fastest Fraud from Internet

Fastest Fraud from Internet

A Gulf Coast Evacuee stranded at the Astrodome was frauded within two minutes of AFP photographer Stanly Honda electronically publishing a photo of Katrina victim Latesha Vinette holding up her Red Cross debit card, Ms. Vinette was paged by the management of Reliant stadium to receive a call from Mastercard asking about cash advances totally $65,237, the attempted purchase of a Ferrari automobile using her card #, along with hundreds of purchases from eBay, including, ironically, camping gear.

[Suzanne] Lynch [vice president for security and risk services at MasterCard International] said that as the Red Cross began issuing MasterCard debit cards to victims of Hurricane Katrina earlier this month, a newspaper photographer working on a story about the program took a picture of one recipient holding a card. The photo was quickly posted on the Internet web. “Within eight hours,” Lynch said, “there was fraud on the card.”

“Somebody had seen the picture — and unfortunately they hadn’t blocked the number — and so somebody used the card fraudulently.”

Source www.Snopes.com

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