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A fake account generator which would generate a new, fully functional AOL account for the user that lasted for about a month. This generator worked by exploiting the algorithm used by credit card companies known as the Luhn algorithm to dynamically generate apparently legitimate credit card numbers. The account would not be disabled until AOL ...
A fake automated teller slot used for "skimming". Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal. The Payment Card Industry Data Security Standard (PCI ...
Surprisingly, with $10,000 worth of equipment and an afternoon a skilled credit card thief can turn a stack of blank plastic cards into a piece of plastic that looks and feels just like a real ...
The white van speaker scam is a scam sales technique in which a con artist makes a buyer believe they are getting a good price on home entertainment products. Often a con artist will buy inexpensive, generic speakers and convince potential buyers that they are premium products worth hundreds or thousands of dollars, offering them for sale at a price that the buyer thinks is heavily discounted ...
Most people know that opening a new credit card will inevitably affect your credit score, for better or for worse. It goes without saying, then, that closing an account would also have an affect ...
A card-not-present transaction ( CNP, mail order / telephone order, MO/TO) is a payment card transaction made where the cardholder does not or cannot physically present the card for a merchant's visual examination at the time that an order is given and payment effected. It is most commonly used for payments made over the Internet, but can also ...
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