Check out the 10th anniversary edition of ’99 Great Ways to Save,’ AARP’s annual guide to saving money.

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Re: The Credit Card Re-Scam

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wait..................... all the 300 plus that have read this have nothing to say............  I too have received BofA inquiries and requests to redo the acct info or renew and update the acct.  when i contact them they will ask for the original email copy'

if i understand you correctly BofA won't go back to replace this since thay can obviously go back to these people using the info obtained from you and leagally pull these funds from their acct???

 

what kind of IT people do they have that cant protect their clients..........

 

do you still do business with BofA ??????

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Re: The Credit Card Re-Scam

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This is timely for us, and thank you for addressing this issue.

 

In April we were stung by an internet security scam. We had to have a Norton technician do an extensive threat remediation session. The technician discovered that the scammers had added malware-vulnerable programs to the computer as well as an alternate IP address to re-route information from the computer to another location, obviously for malicious purposes. The threats were resolved, and it cost us nothing, as the service was a part of our Norton account.

 

However, the scammers had charged our credit card. Per the Norton technician’s recommendation we immediately disputed the charge with the card issuer: Bank of America. We provided extensive documentation (including a transcript of the Norton threat remediation session) that: the outfit provided no service of any value, that the service sought to invade the security of our computer, and that the service is a known/identified scam. I included the information that as a couple we are both seniors.

 

Incredibly, Bank of America has refused to charge back the funds to our account.

 

AARP members should be aware of internet scammers, per the information you have made available.

 

But AARP members need also to be aware that BANK OF AMERICA actively supports and processes card transactions for known internet scams. And BANK OF AMERICA actively supports and enables senior financial victimization.

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The Credit Card Re-Scam

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AARP's new 12-week podcast series The Perfect Scam, hosted by Will Johnson, former Discovery Channel podcast host/producer and leading fraud expert and AARP Fraud Watch Network Ambassador Frank Abagnale, profiles America's biggest scams through personal stories of scam victims and their families as well as interviews with professional con artists and leading experts on scams and fraud. Hear about how these scams happen and how to avoid them from those who know best.

 

This week's episode explores the Credit Card Re-Scam. Listen here and let us know what you think.

 

Have you or someone you know been a victim of this scam? Share your stories and any tips you have with us.

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