March 31, 2004

Fraudulent charges on my Cap One account?

Got the call that I frequently get from Cap One about suspicious activity.

Looks like this time there are some charges that aren't mine. Nothing big, $30 from Vertex and $100 from Callcents and a $54.50 charge that could be a recurring charge if there was a name change at my web host.

Interestingly, none of these companies provide a # to call.

Even more interesting, Cap One apparently monitors for telephone related charges.

Isn't it AMAZING how much effort they put into fraud loss prevention, but they can't provide accurate credit reporting?

What a difference the damages make. If more people sued Cap One for their inaccurate and incomplete credit reporting, they'd implement some procedures to ensure compliant reporting real quick!

Posted by Christine at March 31, 2004 01:43 PM
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