
Image Source: police.belleville.on.ca
The following scenario is probably not a new scam, but it was certainly new to us! We heard about this from a friend – don’t let this happen to you!
A group of work colleagues were attending a training course in a well-known hotel. At lunch time they left the conference room, making sure the door was locked behind them.
After lunch, one of the course attendees received a message, through the hotel telephone system, to turn his mobile phone on as his bank was urgently trying to contact him. Sure enough, he received a call from a person claiming to be from his bank. The “bank rep” said somebody was trying to withdraw cash from his account, and they needed him to confirm his identity – quickly – so they can stop the culprit perpetrating the crime.
During the cleverly worded conversation the “bank rep” managed to extract the attendee’s PIN from him, saying he needed it to cancel the cards. Then he asked to speak to another course attendee, saying that some of his cards had been found at the bank. At this point the second victim realized his wallet had been stolen. The “bank rep” again got the individual’s PIN. Both victims were thanked for their cooperation and the call ended. It then came to light that both their wallets had been stolen. The account information the “bank” gave to satisfy the victims it was a legitimate call, had in fact come from receipts found in their wallets.
It turns out there had been a number of similar thefts from hotel conference rooms in the past.
As a result of the theft of their wallets, and a very clever social engineering scam which successfully instilled panic, the two individuals lost a lot of money and were faced with the onerous task of cancelling all of their cards which had been stolen.
The lesson learned?
- Never leave your wallet or other valuables unattended in hotel conference rooms.
- Never give your bank PIN to anyone, under any circumstances. Your bank will never ask for it!
All of the conference attendees thought their property was safe because the room was locked. Not so much. What to do if your purse or wallet is stolen? Read the following information from http://westlinnoregon.gov – it’s good advice to keep in mind should this happen to you:
If your wallet or purse is stolen:
File a report with the police immediately. Get a copy of the report or at the very least, the number of the report, in case your bank, credit card company or insurance company need proof of the crime.
Cancel each credit and charge card that was in your wallet or purse. When you open new accounts, place passwords on them. AVOID using your mother’s maiden name, your birth date, the last four digits of your Social Security number, your phone number, or a series of consecutive numbers.
Report the loss or theft to your bank if your wallet or purse contained bank account information, including account numbers, ATM cards, or checks. Cancel checking and savings accounts and open new ones. Stop payments on outstanding checks and ask your bank to notify the check verification service with which it does business. That way, retailers can be notified not to accept checks written on your old account.
Get a new ATM card, account number, and Personal Identification number (PIN) or password.
Contact the agency that issued your driver’s license or other identification document. Ask the agency to flag your file so no one else can get a license or any other identification documents from them in your name.
Call any one of the nationwide consumer reporting companies to place and “initial fraud alert” on your credit report. The alert requires creditors to follow reasonable procedures before granting credit in your name. It will stay on your credit report for at least 90 days. The consumer reporting company you call will contact the other two, which then will place an alert on their versions of your report.
Equifax: 1-800-525-6285; www.equifax.com
Experian: 1-800-397-3742; www.experian.com
TransUnion: 1-800-680-7289; www.transunion.com
Ask the consumer reporting companies for a copy of your credit report. When you place an initial fraud alert on your credit report, you’re entitled to one free copy of your credit report from each of the three agencies. Review your report to make sure no additional fraudulent accounts have been opened in your name or unauthorized changes made to your existing accounts.
Change the locks on your home and car if your keys were taken. Do not give thieves access to even more personal property and information.
- File a report with the police immediately and get a copy of the report for your insurance and/or credit card companies.
- Cancel each credit card that was in your wallet or purse.
- Report the loss or theft to your bank if your wallet or purse contained bank account information, including account numbers, ATM cards, or checks.
- Get a new ATM card, account number and Personal Identification number (PIN) or password.
- Contact the agency that issued your driver’s license or other identification document. Ask the agency to flag your file so no one else can get a license or any other identification documents from them in your name.
- Call one of the following nationwide consumer reporting companies to place and “initial fraud alert” on your credit report. The alert requires creditors to follow reasonable procedures before granting credit in your name. It will stay on your credit report for at least 90 days. The consumer reporting company you call will contact the other two, which then will place an alert on their versions of your report.
~ Equifax
~ Experian
~ TransUnion
- Ask the consumer reporting companies for a copy of your credit report. When you place an initial fraud alert on your credit report, you’re entitled to one free copy of your credit report from each of the three agencies. Review your report to make sure no additional fraudulent accounts have been opened in your name or unauthorized changes made to your existing accounts.
- Change the locks on your home and car if your keys were taken.
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