Posted by rrlund on March 14, 2017 at 07:40:23 from (162.250.24.100):
There probably aren't more than a hand full of you here who read Sherry's editorial in Oliver Heritage magazine,but it was a new one on me that set me to thinking. She said that when they came in to the office right after Thanksgiving,there was an attempt at 400 new subscriptions. They all used the same name,but 400 different credit card numbers. None of them worked. She said she contacted their "gateway" and alerted them. They said it was a scam,that they were being used as a test site by a computer generated program trying to find a good number that worked. She thought that was the end of it,but on Monday,there were 42,000 attempts. The following Friday,there was $10,000 gone from her account. She'd been charged a "transaction fee" for every attempt even though they hadn't gone through as good numbers. Apparently after a lot of negotiating,the first institution in the chain refunded the charges since she had notified them,but the second institution in the chain refused,and since she was contractually obligated to pay the fee,she was out $7000.
I got to thinking about that. Number 1,if this ever works,scammers don't need your card number,just your name and address out of the phone book,then they can computer "roulette" numbers until they get it.
Number 2 and maybe more important,what's to stop some unscrupulous banking institution,like the one that created so many fake accounts,from running phony transactions on tens of thousands of businesses to collect these fake transaction fees? Maybe technology along with economy of scale (businesses that have become too large) has gone too far?
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
... [Read Article]
Latest Ad:
Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
