Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
I never thought it would happen to me :(
Old 02-26-2016, 09:56 AM   #1
Recycles dryer sheets
MissMolly's Avatar
 
Join Date: Jun 2010
Posts: 471
I never thought it would happen to me :(

This morning my phone began blowing up with one text after another from Discover Card alerting me to $200 gift cards being bought through PayPal for Ebay. I was on the phone to Discover as charges were still coming through. They immediately closed my account and escalated it to the Fraud Division, I then called PayPal and alerted them. The girl in the Fraud dept told me she had never seen anything like this and they will escalate it to the Fed level. There were over 50 transactions @ $200 each - more than $10,000. What a mess!
__________________

__________________
And whatever your labors and aspirations in the noisy confusion of life, keep peace in your soul. With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be cheerful. Strive to be happy.- Desiderata by Max Ehrmann
MissMolly is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-26-2016, 10:01 AM   #2
Recycles dryer sheets
 
Join Date: Jul 2015
Location: Beaverton
Posts: 288
Join the group. Happens all the time. That's why fees are so high.
__________________

__________________
Bir48die is offline   Reply With Quote
Old 02-26-2016, 10:02 AM   #3
Recycles dryer sheets
Greencheese's Avatar
 
Join Date: Oct 2013
Posts: 261
I just found out my company had a data breach and within minutes people were getting hit with bogus charges. It's scary how fast they can move, and they'll likely never be caught.
__________________
Greencheese is offline   Reply With Quote
Old 02-26-2016, 10:02 AM   #4
Thinks s/he gets paid by the post
Big_Hitter's Avatar
 
Join Date: May 2013
Location: In the fairway
Posts: 4,097
Yep - I had my identity stolen and $180K wired out of a heloc.


There are worse things that can happen.
__________________
Swing hard, look up
Big_Hitter is offline   Reply With Quote
Old 02-26-2016, 10:07 AM   #5
Full time employment: Posting here.
EvrClrx311's Avatar
 
Join Date: Feb 2012
Posts: 524
Curious... what is the best defense to this? Seems the normal advice is always just to do your part to hide your information, but these days it can get hacked or leaked even if you are diligent. I spent some time researching LifeLock and wasn't impressed enough with their services to sign up. Maybe I should?
__________________
EvrClrx311 is offline   Reply With Quote
Old 02-26-2016, 10:08 AM   #6
Recycles dryer sheets
 
Join Date: Jun 2014
Posts: 121
Quote:
Originally Posted by Big_Hitter View Post
Yep - I had my identity stolen and $180K wired out of a heloc.
That's scary. Were you made whole?
__________________
catotx is offline   Reply With Quote
Old 02-26-2016, 10:09 AM   #7
Full time employment: Posting here.
old woman's Avatar
 
Join Date: Dec 2005
Posts: 551
Good Golly Miss Molly
__________________
old woman is offline   Reply With Quote
Old 02-26-2016, 10:09 AM   #8
Thinks s/he gets paid by the post
Big_Hitter's Avatar
 
Join Date: May 2013
Location: In the fairway
Posts: 4,097
Quote:
Originally Posted by catotx View Post
That's scary. Were you made whole?
it was a heloc we had paid off but the bank never closed it; it was their fault for sending the wire


I jokingly offered a strip search for the $180K.
__________________
Swing hard, look up
Big_Hitter is offline   Reply With Quote
Old 02-26-2016, 10:11 AM   #9
Full time employment: Posting here.
EvrClrx311's Avatar
 
Join Date: Feb 2012
Posts: 524
Quote:
Originally Posted by Big_Hitter View Post
it was a heloc we had paid off but the bank never closed it; it was their fault for sending the wire
I'm sure someone got fired over that one... wow
__________________
EvrClrx311 is offline   Reply With Quote
Old 02-26-2016, 10:13 AM   #10
Thinks s/he gets paid by the post
Souschef's Avatar
 
Join Date: Dec 2015
Location: Santa Paula
Posts: 1,186
Thank you for the heads up. I just got a bunch of texts on my cell with no subject, so I deleted them. I went to my PayPal account, and all is OK.
__________________
Retired Jan 2009 Have not looked back.
AA 95%/0/5
WR 2% SI 2SS & 2 Pensions
Souschef is offline   Reply With Quote
Old 02-26-2016, 10:14 AM   #11
Thinks s/he gets paid by the post
JoeWras's Avatar
 
Join Date: Sep 2012
Posts: 2,524
It is surprising that Discover let that many go through. My card will be put on hold if you do 3 or 4 quick transactions from similar retailers.
__________________
JoeWras is offline   Reply With Quote
Old 02-26-2016, 10:14 AM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
easysurfer's Avatar
 
Join Date: Jun 2008
Posts: 7,888
Guess I don't feel so paranoid now after installing the paypal mobile app on my phone, then thinking this could be a major security risk, then uninstalled the app.
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
easysurfer is offline   Reply With Quote
Old 02-26-2016, 10:29 AM   #13
Full time employment: Posting here.
 
Join Date: Jan 2007
Posts: 854
Don't know how one can keep the info from being stolen when there are so many data breaches.

Depending on the choices the credit card company or bank has, I set up alerts.

For CC the one I like best is ... getting an alert for any transaction where the physical card is not swiped.

But not all companies have that option. For those, I just have them send an alert for all transactions so I know when anything starts getting weird (like OP).
__________________
spncity is offline   Reply With Quote
Old 02-26-2016, 10:38 AM   #14
Recycles dryer sheets
MissMolly's Avatar
 
Join Date: Jun 2010
Posts: 471
Quote:
Originally Posted by JoeWras View Post
It is surprising that Discover let that many go through. My card will be put on hold if you do 3 or 4 quick transactions from similar retailers.
It all happened so fast. My phone started going ping ping ping as texts and emails came in one after the other. I've never heard of anything like this happening.
__________________
And whatever your labors and aspirations in the noisy confusion of life, keep peace in your soul. With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be cheerful. Strive to be happy.- Desiderata by Max Ehrmann
MissMolly is offline   Reply With Quote
Old 02-26-2016, 10:46 AM   #15
Recycles dryer sheets
 
Join Date: Jun 2011
Location: Broomfield
Posts: 87
Quote:
Originally Posted by Big_Hitter View Post
Yep - I had my identity stolen and $180K wired out of a heloc.
I had a similar situation. Thieves had my SSN and my account number and tried to wire $100K out of my HELOC account at the credit union. Red flag was raised because the guy didn't know the name of my first cat, and transaction was denied.

So don't let those "silly" questions annoy you, and pick or create ones that are very specific to you, as opposed to "favorite color", "first instrument learned", etc. - obviously too easy to guess at.

Pete
__________________
psweath is offline   Reply With Quote
Old 02-26-2016, 10:50 AM   #16
Thinks s/he gets paid by the post
ExFlyBoy5's Avatar
 
Join Date: May 2013
Posts: 1,977
Happened 2 days ago with my Amex. First was a charge for 1.99 at a gas station in California. Within 2 minutes, I had 7 charges through an AT&T prepaid outlet place in Oregon. While on the phone with amex, 2 more came through. It's like HFT for credit card thieves.

Sent via mobile device. Please excuse any grammatical errors.
__________________
Founder and Head Lounger @ The Life of Leisure Institute
Retired in 2014 at the Ripe Age of 40.
ExFlyBoy5 is offline   Reply With Quote
Old 02-26-2016, 10:56 AM   #17
Thinks s/he gets paid by the post
 
Join Date: Dec 2015
Posts: 1,086
Quote:
Originally Posted by Big_Hitter View Post
Yep - I had my identity stolen and $180K wired out of a heloc.


There are worse things that can happen.
what is a heloc?
__________________
HadEnuff is offline   Reply With Quote
Old 02-26-2016, 10:58 AM   #18
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,107
Home equity line of credit
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 02-26-2016, 11:02 AM   #19
Recycles dryer sheets
Rosie's Avatar
 
Join Date: Jun 2010
Location: NorCal
Posts: 360
The best thing you can do is check your account often, and set up lots of alerts to go to your cell phone & email.

Amex is very good at catching suspicious charges; DH and I have had our Amex card numbers lifted 3 times in the last few years (his twice, mine once). In each instance it was most likely due to a hacked gas station card reader. And in each instance, Amex immediately closed the affected account and sent out a new card. A bit of a hassle, but not too bad for us.
__________________
Doing nothing is underrated.
Rosie is offline   Reply With Quote
Old 02-26-2016, 11:07 AM   #20
Recycles dryer sheets
MissMolly's Avatar
 
Join Date: Jun 2010
Posts: 471
Yes. Discover immediately closed the account and is sending a new card. My emails from PayPal show the email of the person the gift cards were sent to. Is there anything I can do with that info?

Sent from my KFTT using Tapatalk HD
__________________

__________________
And whatever your labors and aspirations in the noisy confusion of life, keep peace in your soul. With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be cheerful. Strive to be happy.- Desiderata by Max Ehrmann
MissMolly is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Never thought I would go back... Zathras Life after FIRE 5 04-05-2014 10:05 PM
What would happen if the entire stock market used Bogle's principles? nun FIRE and Money 26 10-11-2013 11:26 AM
1031 Exchanges-A Risk I Never Would Have Thought About haha FIRE and Money 4 09-11-2007 08:22 PM
AMPH - Secondary stock offering. Why would this happen? farmerEd Stock Picking and Market Strategy 5 06-20-2007 03:38 PM
Never Complain - Never Explain! MRGALT2U Other topics 1 10-30-2005 06:52 AM

 

 
All times are GMT -6. The time now is 02:43 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.