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+-   Online Credit Card Scam Exposed on Saturday November 03 2007, @12:14PM Anonymous Coward

Submitted by Anonymous Coward on Saturday November 03 2007, @12:14PM
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An anonymous reader writes "An exposé was recently published, revealing a widely used, but little known online scam being used by companies such as Web Loyalty Reservation Rewards. The writer is not alone in getting scammed by the company. What makes everything even more interesting is that now the company has responded, with the usual white washing and meaningless statements. Evidently the scam works by offering you a "cash back reward" or other similar sounding deal. When you click to claim it, it takes you to a page from which you have to opt-out of a recurring monthly charge. The sad thing is, the company you *DID* want to buy from has already given them your credit card information by this point, making it hard to avoid the charges from this scam."
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