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The Visa Credit Card Scam has been around for a while, but there is renewed interest in this type of scam. It is unclear whether any Visa credit card scam has made its way to the UK, but it is imperative to report all types of scams to ensure you are prepared.

How the Scam Works

The scam begins with a phone call that states they are from the security department of your credit card company. They will tell you they are Visa, MasterCard or whatever card you may hold. They will not tell you they are the issuing company such as Barclay. This should set off warning bells because you always converse with the issuing company rather than Visa or MasterCard. The person will quote some details, perhaps even a badge number to be more convincing of who they are.

The person on the phone will tell you that transactions have been flagged given your purchase patterns. They will ask if you bought similar items or a particular item from a company.

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The Chennai Police on Friday claimed that it had arrested a Srilankan Tamil, mastermind behind a major credit card scam. The racket was involved in cloning credit cards using a skimmer, an embossing machine and other equipment.

The Police arrested HariKumar on October 15 when he tried to buy things using a fake credit card in Perambur. When interrogated, he disclosed that the brain behind the scam was Umesh alias Jatti, a Srilankan tamil settled in Canada. He said that Jatti had recently moved to Chennai. The police recovered four fake credit cards from Harikumar. The case was then handed over to central crime branch for further probe.

Special teams were able to catch Umesh, a marine engineer, from Porur. When interrogated, he revealed that he had obtained several blank credit cards sent from Malaysia by some agents. He said that he had also obtained particulars of several credit cards from his friends in Canada, where he lived for several years.

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