Credit Card Fraud

Bellamy Pailthorp / KPLU

Federal prosecutors say a 21-year-old Dutch national coordinated the theft of about 44,000 credit card numbers worldwide, including some from the Boeing Employees Credit Union, by hacking into the sales system of businesses.

MasterCard and Visa have warned banks that a third party processor has experienced a data breach. In statement, both card associations acknowledged the breach and MasterCard said that law enforcement is involved and "is currently the subject of an ongoing forensic review by an independent data security organization."

The Associated Press

Sitting in a coffee shop with a friend 10 days ago, I got a call from an 800-number, I took it and it was a credit card fraud warning. I didn’t answer the questions and ended the call. You know, never give information to unsolicited caller.

Then it hit me that maybe my family debit card would be shut down, so my wife called our bank and suddenly Microsoft co-founder Paul Allen and I had something in common financially! We’d both had our credit/debit cards hacked.

And apparently we're not an exclusive club.

Paula Wissel / KPLU

If you’ve ever used a cash machine, here’s something you should be aware of. The Justice Department has disrupted one of the largest debit and credit card skimming rings on the West Coast.

Beware of ATM scammers

Jan 4, 2011
ATM
Nenyedi at wikimedia.org

Just how safe is that ATM?  The Better Business Bureau says identity thieves are getting better at stealing your debit card info. They're using hidden cameras and fake keypads and card scanners to capture your account numbers and PINs. 

Federal law enforcement investigators say they're closing in on an international thief who electronically ripped off hundreds of residents in a Seattle neighborhood.