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	<title>Moneywise24 Personal Finance &#187; fraud</title>
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		<title>How Fraud Results in Unauthorized Bank Transfers</title>
		<link>http://www.moneywise24.com/2009/12/how-fraud-results-in-unauthorized-bank-transfers/</link>
		<comments>http://www.moneywise24.com/2009/12/how-fraud-results-in-unauthorized-bank-transfers/#comments</comments>
		<pubDate>Fri, 18 Dec 2009 11:43:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Expenses]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[scams]]></category>

		<guid isPermaLink="false">http://www.moneywise24.com/?p=300</guid>
		<description><![CDATA[This morning, as I was drinking my coffee and waking up slowly, I watched a report about a new type of scam which involves unauthorized bank transfers. Although the report mainly applies to the German banking system, this could also apply to other countries where law permits it.
Basically, fraudsters will generate a random bank account number, and they will try to transfer 1 cent to that account number. If the transfer bounces, it means that the account number is non-existent. However, if the transfer is accepted, fraudsters will know that ...]]></description>
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		<title>How to Watch Out for Scams: BMWs Don&#8217;t Come For Free</title>
		<link>http://www.moneywise24.com/2009/12/how-to-watch-out-for-scams-bmws-dont-come-for-free/</link>
		<comments>http://www.moneywise24.com/2009/12/how-to-watch-out-for-scams-bmws-dont-come-for-free/#comments</comments>
		<pubDate>Wed, 16 Dec 2009 20:09:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[fraudsters]]></category>
		<category><![CDATA[fraudulent companies]]></category>
		<category><![CDATA[lottery]]></category>
		<category><![CDATA[prize]]></category>
		<category><![CDATA[scams]]></category>

		<guid isPermaLink="false">http://www.moneywise24.com/?p=273</guid>
		<description><![CDATA[When I got home the day before yesterday, I had a very interesting message waiting for me on my answering machine. The text was clearly spoken by a computer, and although I already deleted the message, this is roughly what it said:
Hello, this is &#8220;Mr X&#8221;. Your number has just been selected from our database, and you are a winner. This is not a joke, you have just won a BMW 3-series, or the equivalent of 30,000 Euros in cash. Again, this is not a joke. You can claim your ...]]></description>
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		<title>In the News: Credit Card Data Theft in Spain, and How to Deal With It</title>
		<link>http://www.moneywise24.com/2009/11/in-the-news-credit-card-data-theft-in-spain-and-how-to-deal-with-it/</link>
		<comments>http://www.moneywise24.com/2009/11/in-the-news-credit-card-data-theft-in-spain-and-how-to-deal-with-it/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 09:46:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Expenses]]></category>
		<category><![CDATA[acquirer]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[identity]]></category>
		<category><![CDATA[issuer]]></category>
		<category><![CDATA[merchant]]></category>
		<category><![CDATA[signature]]></category>
		<category><![CDATA[skimming]]></category>
		<category><![CDATA[terminal]]></category>

		<guid isPermaLink="false">http://www.moneywise24.com/?p=69</guid>
		<description><![CDATA[As I was watching the news this morning, I saw a report about a large number of credit cards, of which the data had been stolen in spain, and how this impacted many cardholer, who had made purchases in Spain. Being a specialist within the industry myself, I could not resist to write an further article on credit card data theft, and how you can deal with it as a credit card holder. This article is based on Visa and MasterCard issued credit cards only.
Each credit card transaction follows a strict procedure and ...]]></description>
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		<title>What to Do if Your Credit Card Has Been Skimmed</title>
		<link>http://www.moneywise24.com/2009/11/what-to-do-if-your-credit-card-has-been-skimmed/</link>
		<comments>http://www.moneywise24.com/2009/11/what-to-do-if-your-credit-card-has-been-skimmed/#comments</comments>
		<pubDate>Sun, 15 Nov 2009 20:09:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Expenses]]></category>
		<category><![CDATA[bank]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[cash]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[criminality]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[skimmed]]></category>
		<category><![CDATA[skimming]]></category>

		<guid isPermaLink="false">http://www.moneywise24.com/?p=48</guid>
		<description><![CDATA[I have been working in the credit card industry for some years now, and one topic which is keeping fraud departments busy is skimming. Skimming is a practice, during which the card details on the magstripe (magnetic stripe on the back of the card) is being copied, and then written onto another card.  Since the magstripe data is electronic, it could travel to the other side of the world before it written onto another card. Often, the cards used as a &#8216;host&#8217; for the stolen data are stolen cards which have ...]]></description>
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