Credit Card Fraud By India Call Centers Exposed
Call centers in India have been defrauding British consumers by selling their personal financial data for as little as eight British pounds, less that ten U.S. dollars. This video illustrates the shockingly wide-ranging practice of call centers’ theft of consumers’ valuable personal information, which is then quickly offered for sale. Unfortunately, this data theft is spread among a number of banks, not just one or two. One of the British journalists reporting the story questioned whether this wide-spread practice was exacerbated by the banks’ decision to move their call centers out of Britain to save money.
The same type of theft could easily happen to American consumers. Protect yourself by always reviewing your credit card statements to make sure your haven’t been charged for anything that’s not yours. Also, check your credit report at least one a year.