Credit card fraud: fraudsters and the billionaire

The Commerzbank is not grief usual, the currently unguided group just comes in swinging and then even crooks drive out there in the evil world of their mischief

Credit card fraud: fraudsters and the billionaire

The Commerzbank is not grief usual, the currently unguided group just comes in swinging and then even crooks drive out there in the evil world of their mischief. A number of Commerzbank customers found this a few days ago, an unpleasant Surprise in the letter box: Post from your lending institution, with "a good and a less good message for you", as it was said in the letter. The bad news came first. It read: "your credit card doesn't work anymore." The Bank had it taken the precaution of locking. "For a good reason." Because the ticket sales were noticed, requests, pointing to "misuse" of the card. The good news: A new credit card is already on the way.

Bettina Times

Freelance writer in the economy of the Frankfurt General Sunday newspaper.

F. A. Z.

the Why and the Wherefore of the Whole, was not, unfortunately, in the letter. On demand, in the Department of "Fraud Management" was able to bring the responsible adviser of light in the matter: in mid-July, the data of thousands of credit were intercepted cards from fraudsters. Including about 600 cards of Commerzbank customers were, so the information, also the clients of other credit institutions was affected. Which company the scammers had hacked in order to get the valuable data for this purpose, the Commerzbank employees did not want to comment. "The need for clarification. But even if we know it, we are not allowed to say it,“ explained the group's fraud fighter.

somewhere in the world. Officially, the Bank did not want to confirm the incident. You have found no "abnormalities on a larger scale," it said evasively, other banks made similar vague, after all, no one wants to frighten his clientele. As once said by a German Minister of the interior? "Part of the answer would scare them."

delivery service as a test laboratory for stolen credit cards

more Specific information, however, provided the Department the fraud prevention and Commerzbank. Blown the Theft is, therefore, as the crooks set out in America to test the credit cards: you've had the Online shopping service Instacart new customers trying to create profiles: "to find out whether the cards are still valid." The test laboratory was chosen wisely: The grocery delivery service Instacart has been growing since the beginning of the Corona-crisis of extraordinary dimensions. Behind many of the large supermarket chains that want to build their own Online trading, is in America, the technology and logistics of Instacart, for example, at Key Food, Wegman's, or even Aldi. Anyone who ordered in America at Aldi Nuremberg sausages, get them from Instacart delivered.

thanks to the pandemic, the orders of the company have increased fivefold compared to the previous year, as the citizens were ordered in many cities, especially in New York during the lock downs, no longer in the business of trust, but online. Thousands of customers have re-registered. The credit card fraudsters had hoped, their Fake Accounts would get lost in the crowd.

The case is certainly very annoying for Instacart, the startup from San Francisco has managed some time ago to make the leap into the League of "unicorns" to the young firms, which are more than a billion in value. In the case of a financing round in June, the Online had to be able to bring service to capital in the amount of $ 225 million to secure. Thus, the company doubled in value to a staggering 14 billion dollars.

Updated Date: 19 July 2020, 10:20

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