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Organized crime has people around the world that can spend their days on the phone with call centers.
The frauds can spoof caller ID’s, use cheap mobile phones, Skype, or Google Voice to place the call, and use voice distortion software – all to hide their actual location.
For example, a caller pretending to be you may claim they have lost their credit card and ask that a replacement be sent to a new address controlled by the fraud.
And of course if they get access to your bank account they can just steal the money.
I only ask for a small contribution for the work put in.
TIP #1: The bookstores are littered with millions of books and there’s not enough time to read them all.
A new report provides some startling insights into how widespread this fraud is and how successful it can be.
There are call centers who handle customer service calls for banks, credit card companies, major retailers, and a variety of other entities.
But as a result of data breaches and underground traffic in personal information enterprising crooks may be able to convince the call center that it is dealing with its real customer.
Frauds often try to obtain access to loyalty cards or points (think frequent flyers or hotel points) that can be turned into money.
The highest fraud rate for a single industry was for device insurance, the policies people have for lost or stolen phones.
I also use it to decide what books I really want to read, invest in, and buy.
TIP #2: If you want to read more, you have to learn how to read faster.