SaleHoo

[jimmy_salehoo]

Speaking of scams, I have a question for the elders here..

I was speaking with one of the wholesalers, and they said that "before we start talking about prices, here are 2 forms to fill out."

One form requests for the complete credit card information, including the 3 digit CVV2 code on the back of the card. The other is a licensing agreement which asks for your basic personal info. such as name, acct. number, etc.

Is that normal?

This right here is a very good chance of getting scammed. All this personal information is ripe for identity theft. Why would a wholesaler ask you to fill out a form with that much detail?.

I can get this info on a online form. My merchant account will get this info when you checkout and it does it online. And I never see your CW2 code. I would only ask this info if we were doing the transaction manually over the phone because you could not complete it online.

So I would only give the cwd code if it is a secure online form. Any normal website form I would never release that info.

I also would never accept payment over $1,000 by credit card as well. If the transaction was high I would invoice the buyer with My bank info and they could transfer payment by bank transfer.

[Parabellum]

One form requests for the complete credit card information, including the 3 digit CVV2 code on the back of the card.

Correct me if I'm wrong but isn't it illegal for merchants to keep or store CVV2 codes?

[dragon2o99]

Thats what I thought. And get this, once I emailed back stating that I'm still in the process of starting my business and hesitant to provide credit card information online, the "wholesaler" said:

"thats fine. Just fill out the forms, and then we'll continue on." and ended it like that.. Talk about pleasant customer service eh? :)

Speaking of scams, I have a question for the elders here..

I was speaking with one of the wholesalers, and they said that "before we start talking about prices, here are 2 forms to fill out."

One form requests for the complete credit card information, including the 3 digit CVV2 code on the back of the card. The other is a licensing agreement which asks for your basic personal info. such as name, acct. number, etc.

Is that normal?

This right here is a very good chance of getting scammed. All this personal information is ripe for identity theft. Why would a wholesaler ask you to fill out a form with that much detail?.

I can get this info on a online form. My merchant account will get this info when you checkout and it does it online. And I never see your CW2 code. I would only ask this info if we were doing the transaction manually over the phone because you could not complete it online.

So I would only give the cwd code if it is a secure online form. Any normal website form I would never release that info.

I also would never accept payment over $1,000 by credit card as well. If the transaction was high I would invoice the buyer with My bank info and they could transfer payment by bank transfer.

[midwestliquidationgroup]

I wanted to make sure that everyone knows that MONEY ORDERS CAN HAVE A STOP PAYMENT PUT ON THEM JUST LIKE A CHECK. I managed a bank branch for a couple years and i was shocked to hear that too. The way its done is the money order buyer will report it lost, the bank stops the payment to do investigation. This happened to me and i lost a $400 Palm Pilot on ebay and that is why i do not accept money orders either.

I also would never never never sign up with any company that would require my CC be stored in their computers. There is just too many things that will go wrong. Seriously.

Anytime anyone offers you more for anything .....RUN!
Good luck and thanks again Jimmy for providing such great products in my shipment and being on the up and up. The last two days I made double what I paid for my shipment.

[swxy1]

wow thanks for the info midwestliquidationgroup
i didnt know that now i wont be accepting money orders either

[jimmy_salehoo]

My merchant account will not store credit card info. I cant even veiw numbers on credit card or the 3 digit codes on the back. I dont know why anyone would ask for this info. If you had already made an order and was doing the payment by phone I would understand but for a company to ask for this info prior to a sale is very suspicious to me.

[lordamstad3rd]

On my store I do accept checks and money orders, however, I clearly state that all orders paid for by check or money order are not processed for 14 business days to ensure that the check or money order clears the bank. If it can go 3 weeks without getting returned then I know that it is good.

Someone asked about how the one scam was done and here is the full breakdown on it.

The scammer orders something but then pays you with a money order or check and over pays for the item. They ask you to "Just give the overpayment to their pick up person" or send it back to them in a wire. Usually 7 to 10 business days later you are notified by the bank that the MO or the check bounced and now you are out the item, the money paid for the item but most important, they just robbed your account of the money for the overpayment.

Because of this scam, I have in my terms of payment statement on the website, "Any checks or money orders for an amount greater than the full purchase amount will be returned and the order canceled due to the high rate of fraud committed by this act."

[warrior_cdc]

I didn't even have to read far at all to instantly tell this is a total fraud and scam. I'm very experienced and familiar with this style of writing and scam. It's probably 99.99% guaranteed this is a black person from somewhere in Africa, most likely Nigeria. I have an electronics website and have seen every con and scam artist possible. It didn't take me long at all to recognize these losers when I first started my online business. I even had several counterfeit checks sent to me from Africans (Nigerians), some of them laughable because they were so obviously fraudulent. Don't ever fall for something too good to be true because reality is it's always a scam and fraud. Good luck. :)

[gulfy13]

The reason that they want the cvv 3 digit code is so that they can have unlimited access to using the card..It's like stealing a car, you can still use it by "hot-wiring" it , but it's alot easier if you have the ignition key.

There are still a ton of places both online and off that don't ask for the cvv when making certain purchases. But there are just as many that do ask for the code...If you have the code you can pretty much use the card at will for anything....

A dealer or company on the up and up won't have to ask you for your credit card info. Their shopping cart will take care of that when you make your purchase..If someone is asking for all the things that you mentioned, they are probably "phiching".

[dragon2o99]

Hey everyone,

For anyone that's interested in which wholesaler I am referring to. It was bumpinthenightproductions.com. When you click on wholesale, it refers you to purchase your merchandise from another company called MorrisCostumes.com.

My merchant account will not store credit card info. I cant even veiw numbers on credit card or the 3 digit codes on the back. I dont know why anyone would ask for this info. If you had already made an order and was doing the payment by phone I would understand but for a company to ask for this info prior to a sale is very suspicious to me.

[Parabellum]

It's probably 99.99% guaranteed this is a black person from somewhere in Africa, most likely Nigeria.

Someone always has to bring race into it.

[timg311918]

It's probably 99.99% guaranteed this is a black person from somewhere in Africa, most likely Nigeria.

Someone always has to bring race into it.

Lol it probably wasn't necessary to say "some black person from Nigeria" you could have said people from Nigeria and other African countries.


On the other hand, hundreds of millions of dollars of fraud are done per year by people in Nigeria and other African countries, which are almost completely black besides some areas of South Africa...so technically his statement is correct.

[Parabellum]

It's probably 99.99% guaranteed this is a black person from somewhere in Africa, most likely Nigeria.

Someone always has to bring race into it.

Lol it probably wasn't necessary to say "some black person from Nigeria" you could have said people from Nigeria and other African countries.


On the other hand, hundreds of millions of dollars of fraud are done per year by people in Nigeria and other African countries, which are almost completely black besides some areas of South Africa...so technically his statement is correct.

Not everyone in Africa is black. I was born in Africa and I'm not black :wink:

I got scammed by an american guy... this is his pic: ** Link Removed: Only Available to Registered Members**

Yes that's really him....

[aussiebares]

and here's a quote from him aswell.


RE: TurboSIMs and other solution‏
From: John Castro (** Link Removed: Only Available to Registered Members**)
Sent: Monday, 17 December 2007 6:50:51 AM

John,

Listen motherf*****, I have 11 TurboSIMs because I bought a wholesale bulk a long time ago in order to rip off their technology. I have an International Forwarding Agency with a small $160K a year International Sales Division. And yes, I was urged to run for Mayor of Laredo because I published a book and gained statewide recognition. I have friends on both sides of the aisle all over the Texas Capitol and Congress. I'm the last person you want to insult.

And yes, I decided to make a quick $50K by ripping off TurboSIMs technology and selling it to a firm in Germany that wants to market this product via televison in the United States on CNBC while placing Put Options on AT&T stock to profit from its sink once news of this new GodSIM becomes public. I'm personally in talk with hedge funds across the Northeast. I'm also brokering a deal with Federal Police Minister of Argentina for 20,000 rubber bullet guns and oversee international forwarding operations for several government officials.

So, all I wanted to do was dump these shitty TurboSIMs ASAP because I'm going on a $13K EuroTrip this Holiday Season. And yes, I posted the GodSIM to test the response rate. It was high enough to interest me. I could have just flushed the damn TubroSIMs down the toilet, but I'm a greedy SOB and make a buck where a buck can be made. That's how the rich stay rich. The pathetic part is that I'm only 24 years old and more successful than you can ever even dream of becoming.

[Parabellum]

Hehehe, he wasn't so cocky after I sicced the FBI on his ass :lol: :lol: :lol: