Free Ebook.


Enter your email address:

Delivered by FeedBurner

« The Two Dumbest Ways to Pay Down Your Credit Card Debt | Main | Money Saving Tip: Keep the Heat Out »

July 20, 2005

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

I think that's exactly what Visa, Mastercard and company must do - cut out the systems that break the rules. If it's due to a mistake, I can understand leniency but CardSystems was doing something expressly forbidden and they found themselves in the worst of situations when that information was compromised. Cut them loose, I don't care what the financial ramifications are, they should never process another financial transaction again.

Sear/CitiBank Cards

I just wanted to respond to the gentleman that talked about how both he and his wife's identities were stolen through Sears/CitiBank:

The EXACT same scenario happened to me. I got a call from Citibank asking me if I moved to Indiana and then let me know that both my Sears/Citibank card account number had been stolen AND the thieves used my identity to open a Sears store account.

I will NOT give the same kudos to Citibank since I found out that the theft was reported to Citi via a merchant that saw that they were suddenly getting a spate of fraudulent purchases using Sears/Citibank cards. Since there have been so many of these same types of account compromised using the same methods, I honestly believe that Citibanks' servers containing the Sears/Citibank accounts have been hacked and that Citi has not been coming clean about this.

I have filed a complaint with the South Dakota Attorney General's office and am in the process of filing a class action lawsuit.

For more information, please contact me at [email protected]

Sear/CitiBank Cards

I just wanted to respond to the gentleman that talked about how both he and his wife's identities were stolen through Sears/CitiBank:

The EXACT same scenario happened to me. I got a call from Citibank asking me if I moved to Indiana and then let me know that both my Sears/Citibank card account number had been stolen AND the thieves used my identity to open a Sears store account.

I will NOT give the same kudos to Citibank since I found out that the theft was reported to Citi via a merchant that saw that they were suddenly getting a spate of fraudulent purchases using Sears/Citibank cards. Since there have been so many of these same types of account compromised using the same methods, I honestly believe that Citibanks' servers containing the Sears/Citibank accounts have been hacked and that Citi has not been coming clean about this.

I have filed a complaint with the South Dakota Attorney General's office and am in the process of filing a class action lawsuit.

For more information, please contact me at [email protected]

The comments to this entry are closed.

Start a Blog


Disclaimer


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.

Stats