Beware of these recent MoneyPak scams


By Robert E. Holtfreter, Ph.D., CFE, CICA, CBA
“Holtfreter”

Taking Back the ID: Identity theft prevention analysis

Rodney Wentworth was a very good investor, always kept tight control of his money and looked for new ways to enhance his resources.

He sometimes used MoneyPak cards to pay for his online purchases. MoneyPak, sold by Green Dot, is a prepaid card. One day he noticed he had $300 remaining on a MoneyPak card. He figured he wouldn't be using the card for a while, so he decided to contact the company to get a refund. Rather than using the website information on the back of the MoneyPak card, Rodney searched online for the site. Unfortunately, the site he accessed was a fraudulent copy of the real website.

He called the phone number from the bogus site. A very cordial "customer representative" greeted him and asked him for the prepaid card number on the back of his MoneyPak card plus his credit card and checking account numbers to "process" the refund. The person on the phone told Rodney the refund would be processed within the week.

After two weeks, Rodney checked his credit card and check account to see if a credit for the refund was posted, and it wasn't. He then checked the balance on his MoneyPak, and it was zero. He realized he'd been scammed.

GREEN DOT MONEYPAK CUSTOMER SUPPORT SCAM

Although this case is fictional, it's representative of the scam the FBI Internet Crime Complaint Center (IC3) discussed on its website Oct. 7. (See Fraudulent Websites Posing as Green Dot MoneyPak Customer Support.)

In another significant version of the scam, a victim visits a fraudulent website, finds a phone number and talks with a MoneyPak "customer support representative" about a refund after someone stole funds, say $1,000, from his card. The "customer rep" tells the victim that he must load $1,000 on his card to initiate the refund. (If the victim refuses to reload the card, the rep hangs up.) The rep then says the claim will be processed shortly, and the victim will receive a refund for the full $2,000.

The rep gives the victim a supposed tracking or confirmation number and keeps the caller on the line while he drains the $1,000 from his MoneyPak card.

 


For full access to story, members may sign in here.

Not a member? Click here to Join Now. Or Click here to sign up for a FREE TRIAL.


 Your Rating:
Your Review:
  
Reviews
 
By Anonymous
Invested and made solid returns from them without withdrawing profits. We were a chain of huge investors who only wanted to make enough to suit out lifestyles. I requested a withdrawal and I was denied. I became very worried and asked the rest of the people in the chain to do same. Little did we know that we had been played. We invested ( 670,000 Euro ) collectively. I had to seek help from a top International wealth recovery expert when i googled his name Fastfundsrecovery with a track record of such capacity to recover investments such as this. We all got (92%) of our investments back collectively. Please keep away from these companies as the experience with them was downright distasteful!! They do not even reply emails anymore. Pathetic thieves! REMAIN CIRCUMSPECT AND DO NOT FALL FOR CHEAP SCAMS!
 
By Anonymous
I got ripped off over $15k after investing in a false binary scam. Thanks to easybinarysolutions AT gmail DOT com who were very efficient in recovering all my stolen funds legitimately, contact them if you require similar services.
 
By Anonymous
NO UPFRONT FEE I made deposit of $10,000 into this broker on 1st December, then I got a call from the account manager telling me about my account and the bonuses I could get if I put in more money. He was really good at convincing (maybe he brainwashed me ) I later put $86,000 in total. Then I sent all of my verification documents such as proof of address, ID and Bank card detail (I sent without CCV) and Declaration form . Also I received lots of emails from them about verification and activation and etc. During first 3 days which my account was funded and was ready to start; they called me many times to re-invest and increase my amount and I refused cos they got too pushy about it. I figured something was seeing wrong when I requested for a withdrawal and was told I had to reach a deposit target before I can make withdrawals. So I couldn't trust them as they changed their word and I asked adviser I want to close my account as my account is verified and it's ready. I already told him I can't put more mo
 
By Anonymous
I was so devastated last year after I was scammed by a trusted Bitcoin investor of $4000, a co worker told me about Mr Dennis, I was skeptical at first because I had tried different means to get my money back but none worked. I reached out to CREDITSOLUTION63 and they were able to get back my $4,000 that i invested with the fradulent company without stress. I recommend CREDITSOLUTION63 100% Email: CREDITSOLUTION63 at GMAIL dot COM NO UPFRONT PAYMENT!
 
By Anonymous