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Institute of Consumer Financial Education

Recent Posts by Institute of Consumer Financial Education:

New Credit/Debit Card Scam

Adapted from a release issued by the Institute of Consumer Financial Education

There's a new scam out there, one that may take in even the savviest consumer, because the con artists have obtained information that makes them look legitimate. By phishing and pharming on the phone and over the Internet, scammers are getting credit card numbers, personal identification numbers (PINs), and the three- to seven-digit security numbers off of the backs of credit and debit cards.